if you trade 1 million share a month..

mrfong8 · Jun 9, 2005

so 12 million shares a year .... let say at average of 30 dollars.... tha'ts 360 million dollars worth of stock you traded.....

if you make 100,000 on 360,000,000.... i can't read the sign on my calculator....

what a competitive business......

MAESTRO · Jun 9, 2005

Quote from mrfong8:

so 12 million shares a year .... let say at average of 30 dollars.... tha'ts 360 million dollars worth of stock you traded.....

if you make 100,000 on 360,000,000.... i can't read the sign on my calculator....

what a competitive business......

Were have you been?

mrfong8 · Jun 9, 2005

come on 360 millions is lots dough

and most ( at least me ) only put up 25k

mrmoose · Jun 9, 2005

actually it only 180 millon but i hear your point

lescor · Jun 10, 2005

Quote from mrfong8:

come on 360 millions is lots dough

and most ( at least me ) only put up 25k

I don't get it, are you complaining?

Steve Tvardek · Jun 10, 2005

what is the point of this thread?

syswizard · Jun 12, 2005

I think....
he is trying to say that based on ACTUAL POSITION SIZE,
the return on this amount is about 0.03%.
If there was a 10:1 leverage on risk capital,
then the annual rate of return from trading based on his assumptions would be a meager 0.3%.....
which is where the "competitive" issue comes in.

Hopefully, he has already deducted commissions...hmmmm.

slipcitykid · Jun 12, 2005

that means you hold at most 500k during the day. if you make 100k that is a pretty nice return. no wonder you probably don't make money