ES Journal Archive (2006 - 2008)

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Quote from jagmot:


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I got to the point where I was doing 100-200 a day in commissions/fees, so I needed to make 200 just to break even.

Another trade (risk about 1.5:1)
S @ 1540.50
TP @ 1537.75
SL @ 1542.50
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Only $100-200, I average $370 daily. Highest commish day is $585. Not bragging. The point is If Im willing to pay that in commish, I'm normally banking at least triple that, sans an occasional losing day. FWIW, I only trade single digit size.

Anyway, while posting, YM S 4@01 covered @94.

All the best with your target.
Osorico :)
 
Quote from osorico:

Only $100-200, I average $370 daily. Highest commish day is $585. Not bragging. The point is If Im willing to pay that in commish, I'm normally banking at least triple that, sans an occasional losing day. FWIW, I only trade single digit size.

Anyway, while posting, YM S 4@01 covered @94.

All the best with your target.
Osorico :)
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Wow, that is an incredible amount of commissions. I hope your broker is sending you free (first class) tickets to Hawaii every year :)

I would say that I average maybe $400 a week.
 
Quote from apex82:

short stop entry at 1451.25
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ya my bad.... heavily short here from 1541.25

stop 2 ticks above the highs holding over the weekend for a minimum of 10 point drop.
 
Quote from jagmot:

Wow, that is an incredible amount of commissions. I hope your broker is sending you free (first class) tickets to Hawaii every year :)

I would say that I average maybe $400 a week.
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Yea. Im caught in the middle. Doesn't make sense to lease a seat yet (tax implications, entity structures, professional fees, seat cost) so I find myself negotiating commish/platform very frequently. Always equal or better than IB unbundled rates because I get fixed, not tiered.
 
Quote from apex82:

ya my bad.... heavily short here from 1541.25

stop 2 ticks above the highs holding over the weekend for a minimum of 10 point drop.
More...

this is taking to long... buy stop the to close out half at -1tick at 1541.50 wait for one more high to add on again.
 
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