Average Gain per trade?

$3.90 R/T now per contract...working on (negotiating for) lower at this time. I would check out FFastTrade or Velocity for some better low rate comparisons. For the trader who does 4000 lots/month or higher, then $3.90 R/T is too high IMO. I just hate having to change brokers three times a year to hunt down a better rate. My volume has gone way up over the last 4 to 5 months and I envision it increasing throughout this year into next year. So I have no choice but to shop around for a better deal. There are some retail rates out in the $2.52 R/T per contract (with no platform fee...XTrader) for real big volume (50,000+ month). Hope this helps!

Chris
 
Quote from AMT4SWA:

$3.90 R/T now per contract...working on (negotiating for) lower at this time. I would check out FFastTrade or Velocity for some better low rate comparisons. For the trader who does 4000 lots/month or higher, then $3.90 R/T is too high IMO. I just hate having to change brokers three times a year to hunt down a better rate. My volume has gone way up over the last 4 to 5 months and I envision it increasing throughout this year into next year. So I have no choice but to shop around for a better deal. There are some retail rates out in the $2.52 R/T per contract (with no platform fee...XTrader) for real big volume (50,000+ month). Hope this helps!

Chris
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Please check PM..

Don
 
Quote from mrmarket2:

I make a minimum of 15% on all of my trades and I have 36 consecutive profitable closed trades.
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OK, I'll be the "bad guy" this time...

(Assuming that you're not just making a joke here).....

15% of what? + 15 dollars on a $100 stock? 15% ROI based on $100 capital?

And is this all in one hour, or one day... or is it some year after year, buy and hold strategy.

And, then (still playing bad guy), will you be confident enough to trade 10,000 shares at a time with your own money.

(now back to my normal, nice guy self).

We try to distinguish between traders and investors....both here at Bright Trading, and in our College courses. "Passive investment" income, based on significant funds, is one thing.....15% would be "ok"....

But active trading, based on the "tool" of $25,000, you certainly need at least 10% per week ($120K per year, for living expenses)...to be considered profitable.

So, "good job" ...now let us know in what context you are speaking...

Thanks...

Don
 
Dear Mr. Market,

Surely you must have more than 36 consecutive winners by now...it seems that you have been stuck there for quite some time! Do you have any pictures of your meats or cheeses?

Cheers!
 
Quote from c_verm:


I done see you making any money? This site is for traders to help and share information not to try to make each other look stupid.
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I have yet to see s thread on ET where it was necessary to make another poster look stupid. Have you?
 
Quote from Don Bright:



...

But active trading, based on the "tool" of $25,000, you certainly need at least 10% per week ($120K per year, for living expenses)...to be considered profitable.
...

Thanks...

Don
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...The same numbers that we consider the benchmark for successful trading ....
 
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