Good point. A couple of issues, if you pay $5 per trade you are paying too much. Interactivebrokers charge $0.005 per share for a min of $1 per trade. I have been using them for many years and they are the best and cheapest broker I have come across. No reason to pay more. The system trades more than 4 trades per day on average, probably more like 6. Although you will do better than most professionals over a year the 50% return claim is based on past performance and does not guarantee those returns in the future. That said, with a $10,000 account your estimated com would be $6 *250 = $1,500 or 15% of the account. I would not trade the full system with less than this account size. It is very possible to only take half of the trades, but that would increase the risk and make it more volatile.
STOCK TO BUY FOR OCT 06, 2006 (SIE)) STOCK TO BUY FOR OCT 06, 2006 (STSA)) STOCK TO SELL FOR OCT 06, 2006 (CMI) 7.9% est. RETURN STOCK TO SELL FOR OCT 06, 2006 (FCFS) -3% est. RETURN
STOCK TO SHORT FOR OCT 06, 2006 (GE) STOCK TO SHORT FOR OCT 06, 2006 (GS) STOCK TO COVER FOR OCT 06, 2006 (BLUD) -5.8% est. RETURN STOCK TO COVER FOR OCT 06, 2006 (TROW) -4.3% est. RETURN
I think these next few of weeks could be tough for the market. I have reduced my long exposure and I also own several 118 puts on the DIA from a couple of days back.
STOCK TO BUY FOR OCT 10, 2006 (NTG)) STOCK TO BUY FOR OCT 10, 2006 (MGPI) STOCK TO BUY FOR OCT 10, 2006 (ONNN) STOCK TO SELL FOR OCT 10, 2006 (GMRK) 9.4% est. RETURN STOCK TO SELL FOR OCT 10, 2006 (PLCE) 6% est. RETURN STOCK TO SELL FOR OCT 10, 2006 (HYDL) -10.3% est. RETURN