Analysis by Neutral Guy

mishwar · Mar 23, 2006

tentatively my calculations say the foll:

3 day net profit $ 55150

Will post details soon..

thanks
mishwar

nellspot · Mar 23, 2006

If youre wondering about commissions, you could roughly assume $300 oneway per 100 contracts.

not sure about slippage and the like, as Ive never attempted that high of a number in futures.

mishwar · Mar 23, 2006

Quote from nellspot:

If youre wondering about commissions, you could roughly assume $300 oneway per 100 contracts.

not sure about slippage and the like, as Ive never attempted that high of a number in futures.

so thats $ 300 one way for 100 RTs (round trades)?
and can you pl give me an indicator for the taxes, other ?

Thanks
mishwar

mishwar · Mar 23, 2006

Quote from mishwar:

so thats $ 300 one way for 100 RTs (round trades)?
and can you pl give me an indicator for the taxes, other ?

Thanks
mishwar

i heard prop traders get 0.003 and lesser per contract ?
scalpers get what commish offers ?

Thanks
mishwar

nellspot · Mar 23, 2006

Quote from mishwar:

so thats $ 300 one way for 100 RTs (round trades)?
and can you pl give me an indicator for the taxes, other ?

Thanks
mishwar

The $300 is one way. To buy/sell 100 contracts. It would be $600 for the round trade. To Buy AND Sell the 100 contracts. Or vice versa.

Taxes can vary, depending on your situation. You could safely assume 25%.

nellspot · Mar 23, 2006

Quote from mishwar:

i heard prop traders get 0.003 and lesser per contract ?
scalpers get what commish offers ?

Thanks
mishwar

not sure. merely extrapolating on smaller sized commissions here.

trading_time · Mar 23, 2006

just multiply your commission rate for how many contracts you swung..

If you have $4.75 commissions thatâs $475.00 per 100 contracts.

don't know how the other guy can say your commissions are $300 when he does not know what your paying?

Quote from mishwar:

so thats $ 300 one way for 100 RTs (round trades)?
and can you pl give me an indicator for the taxes, other ?

Thanks
mishwar

nellspot · Mar 23, 2006

Quote from trading_time:

just multiply your commission rate for how many contracts you swung..

If you have $4.75 commissions thatâs $475.00 per 100 contracts.

don't know how the other guy can say your commissions are $300 when he does not know what your paying?

mishwar is paper trading. he is paying nothing right now.

trading_time · Mar 23, 2006

Quote from nellspot:

mishwar is paper trading. he is paying nothing right now.

AHHHH

mishwar · Mar 23, 2006

unlikely to be tradin friday.. sorry

regards
mishwar