Let's talk about efficiency & trading...

[OneProfit]

A dollar is a dollar, however you make it intra-day. I use to "over trade", but trading less seems to yield more profits. Specially for start up traders, learning not to be "baited" by the market is must have skill-set. I would like to hear from some you how many trades you make intra-day and how it relates to your profitability.

 

[MarkBrown]

my guideline is that anytime you can cut the number of trades the better.

fewer trades save on cost but mostly you are eliminating chances for errors.

 

[schizo]

A dollar is a dollar, however you make it intra-day. I use to "over trade", but trading less seems to yield more profits. Specially for start up traders, learning not to be "baited" by the market is must have skill-set. I would like to hear from some you how many trades you make intra-day and how it relates to your profitability.

Traders usually "under-trade" when they're making money. They don't trade enough. It's only when they're losing money that they overtrade.

 

[Bad_Badness]

To me it is like making taxes a driving concern. Sure it matters just like commissions.

But I will make the money first, keep my eye on the goal, then deal with the transaction costs later.

If I can control about 200K, notional amount in an ES contract for about $4, in a market that trade 4 billion a day, that is a great deal.

Consider, if you buy real estate the transaction costs are there, or heck even buy taxable goods, you pay a about 10% in Seattle, not to mention the hidden costs.

Make money first, then optimize transaction costs later. That being said I day trade a 1256 contract from the get go, not stocks.

 

[murray t turtle]

A dollar is a dollar, however you make it intra-day. I use to "over trade", but trading less seems to yield more profits. Specially for start up traders, learning not to be "baited" by the market is must have skill-set. I would like to hear from some you how many trades you make intra-day and how it relates to your profitability.

%%
Intraday?? As few as possible, per plan mostly; but i like candlecharts more than bid\ ask.
Sounds like you are talking about stuff like SPY.......... =liquidity leader= fine.
On not liquid LOL metals business/ weekly or 2 or 3 times\ per week.
Best checks off my farm were more 10 year related . No wonder Paul tudor Jones bought a farm + shoots ducks for food.

 

[alistera]

A dollar is a dollar, however you make it intra-day. I use to "over trade", but trading less seems to yield more profits. Specially for start up traders, learning not to be "baited" by the market is must have skill-set. I would like to hear from some you how many trades you make intra-day and how it relates to your profitability.

Less is always more ...

One trade in the morning, sometimes one trade in the afternoon, netted 15% of account Thursday.

 

[murray t turtle]

Less is always more ...

One trade in the morning, sometimes one trade in the afternoon, netted 15% of account Thursday.

%%
ALL most always tru in tradin';
certain exception$ apply like/\private business trading[NON- NYSE/NQ]
I like both NYSE/NQ but my point still stands.
And your comment =110% sure applies to profits usually\ certainly not to work time \lazy\LOL
Partial disclosUre/ i got rid of my brand 'Lazy Boy Chair'' too comfy, to easy to sleep overmuch.
I HATED that brand from the get GO, NOT again$t comfy chairs\ more healthy to get up+ walk some times...........................................................................
Strangely / after all these years Dave ramsey disclosed ,not again$t single stocks,, He did somewhat snarl '' single stock average is 7.5%, compared to 12% average pro return SPY benchmark......................................''
Some one snarled @ Dave ramsey once\ ''you can't' get 12%, GS doesnt get/average/ that\LOL As if GS limits us

 

[alistera]

%%
ALL most always tru in tradin';
certain exception$ apply like/\private business trading[NON- NYSE/NQ]
I like both NYSE/NQ but my point still stands.
And your comment =110% sure applies to profits usually\ certainly not to work time \lazy\LOL
Partial disclosUre/ i got rid of my brand 'Lazy Boy Chair'' too comfy, to easy to sleep overmuch.
I HATED that brand from the get GO, NOT again$t comfy chairs\ more healthy to get up+ walk some times...........................................................................
Strangely / after all these years Dave ramsey disclosed ,not again$t single stocks,, He did somewhat snarl '' single stock average is 7.5%, compared to 12% average pro return SPY benchmark......................................''
Some one snarled @ Dave ramsey once\ ''you can't' get 12%, GS doesnt get/average/ that\LOL As if GS limits us

Only a content bot could come up with an answer like that!

 

[murray t turtle]

Only a content bot could come up with an answer like that!

%%
Good bot shot;
a turtle moves in an almost mechanical sense, on land anyway.
Except on a game bird field/\, they simply move too fast to do a turtle pattern.
He said i'm a member of a country club\
drives an old Ford pick Up truck\
does his drinkin' from a Dixie cup..................
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