April Trading Journals

[Thug_Life]

<i>How it is possible to be net down, if you are gross up? Because of commissions? I wouldn't believe so.</i>

What would you not believe?

 

[lojze]

That the commissions are so high ...


Lojze

 

[metooxx]

Originally posted by lojze
That the commissions are so high ...


Lojze

It does not matter how low your commissions are; that can happen.

 

[Treykool]

this guy is in for a very rude awakening. muahahahahahaha!

but seriously, this is very common for beginning traders who tend to trade high volume with little net gain per trade.

Originally posted by lojze
Hitman,

How it is possible to be net down, if you are gross up? Because of commissions? I wouldn't believe so.

Lojze

 

[lojze]

Originally posted by Treykool
this guy is in for a very rude awakening. muahahahahahaha!

but seriously, this is very common for beginning traders who tend to trade high volume with little net gain per trade.

So prop's are not packed JUST with role model traders?


Lojze

 

[metooxx]

We are a private arbitrage trading group, not affiliated with a "prop shop", and our firm has a couple of gross down days a year.

It does not matter how good you are; it happens occasionally.

 

[trader99]

Originally posted by lojze
Hitman,
How it is possible to be net down, if you are gross up? Because of commissions? I wouldn't believe so.

Lojze

Lojze:

Of course, it's possible to be gross up and net down. In fact, I see that all the time!! If your commission is nonzero, then by the very property of arithmetic/mathematics that has to happen!

The only case when gross up is always equal to net up is when transacation is zero. If transaction cost is nonzero(in the real world hehe!) then net down is just a function of frequency of trades i.e. volume,etc.

trader99

 

[Thug_Life]

This thread just got shorter. Funny how that happens.

 

[trader99]

Originally posted by Thug_Life
This thread just got shorter. Funny how that happens.

Maybe b/c no one is talking about Hitman's Princess anymore. hehe

trader99

 

[Magna]

Originally posted by Thug_Life
This thread just got shorter. Funny how that happens.

Thug, not at all. A short time ago on this thread Baron made a very clear statement when he said:

Originally posted by Baron
From now on, all posts that are directed to Hitman regarding the specifics of Worldco will be considered off-topic and therefore deleted. If you have questions about Worldco, please use Worldco's own web site, call them directly, or send Hitman a private message. Thanks.

Yet people continually ignore that, making WorldCo requests, etc., and Hitman also continually ignores it by diverging from his journal and providing WorldCo commentary, specifics, and information.

To anyone who would like to keep this thread on topic, please use the "Kill" option in the lower right which sends a message to zboy. Or simply send a note to zboy or Baron by clicking their name at any location, and selecting "private message" or "email". That is the best way to notify them as they can't be expected to read every post of every thread in a timely manner.