The P/L is with commission added in. I think you may have misread.... My commission is $7 each way, so if I take a $200 loss add in $7 for the buy and $7 for the sell=$14 commission...a total of $214 loss...not $244. ----------------------------------------------------------------------------------- I was addressing it on a percentage basis. If you do 100 trades and comm. are $700 and your net profit is $2800 the cost was 25% As an old retired builder the botton line was always inportant to me and how much it cost to get there. By the way your bottom line is great CHEERS john
Week Ending 6/12/09: Total P/L +621.80 29 trades 11 wins 16 losses 2 b/e YTD Totals: P/L +24,967.69 180 Wins 219 Losses 27 b/e AVG. 45.1 % Ratio: 1.87
Geez, Can you comment on your money management in terms of the total outlay for each trade? Below are the 5 trades that I observed from your posting: Symbol L/S Total funds/margin committed AAPL Long $82116 BAC Long $34375 SLB Short $29420 SPY Long $113292 SWN Short $45350 I would appreciate it if you could comment on why on some trades you committed more than others. What would the P/L look like if your committed funds are in similar total for each trade?
FH, Just to give you a quick answer since Geez is prolly doing something fun and semi-legal about now. Geez is risking $200 per trade, based on his stop point, regardless of the amount of money invested in the trade itself. That is his money/risk management strategy. So whether he buys 10,000 or 100,000 the most he is putting at risk is $200. It's never how much you have in the trade that counts, but rather how much you actually have at risk.