for year end 2002 i was 87% gross positive and starting to trade more shares. let me know if there are any good deals out there.
Does any firm offer a good gross payout these days??
- Thread starter trendtrader500
- Start date
What does this mean? You're either 100% gross positive, 100% flat or 100% gross negative for year-end. There is no in-between!
This is like saying that my wife is 87% pregnant!
P.S. Being gross positive every day of your life doesn't mean a damn thing if your costs exceed your revenues. It's better to be a little gross negative on minimal shares than to be gross positive $1000 on a zillion shares and bullets!
This is like saying that my wife is 87% pregnant!
P.S. Being gross positive every day of your life doesn't mean a damn thing if your costs exceed your revenues. It's better to be a little gross negative on minimal shares than to be gross positive $1000 on a zillion shares and bullets!
87% of the days last year i was positive....actually, let me correct myself. i was positive 93% of the days last year and 87% since i started trading. i think you are a little confused with prop terms. i am searching for a gross deal because after evaluatling all my numbers last year, i found out my net # averaged to 30% of my gross. so, i figured if i could get higher that 30% on the gross end, it may be worth it so i can put up more bullets and trade more size.
PS: If you average being gp in the thousands everyday, i would say your doing something right.
PS: If you average being gp in the thousands everyday, i would say your doing something right.
Even among firms I heard that consider doing gross deals, the payout is much lower than 20% (and commissions tend to be higher while net payout tends to be lower).