Analysis by Neutral Guy

Discussion in 'Journals' started by mishwar, Mar 16, 2006.

  1. mishwar

    mishwar

    tentatively my calculations say the foll:

    3 day net profit $ 55150

    Will post details soon..

    thanks
    mishwar
     
    #201     Mar 23, 2006
  2. nellspot

    nellspot

    If youre wondering about commissions, you could roughly assume $300 oneway per 100 contracts.

    not sure about slippage and the like, as Ive never attempted that high of a number in futures.
     
    #202     Mar 23, 2006
  3. mishwar

    mishwar

    so thats $ 300 one way for 100 RTs (round trades)?
    and can you pl give me an indicator for the taxes, other ?

    Thanks
    mishwar
     
    #203     Mar 23, 2006
  4. mishwar

    mishwar

    i heard prop traders get 0.003 and lesser per contract ?
    scalpers get what commish offers ?

    Thanks
    mishwar
     
    #204     Mar 23, 2006
  5. nellspot

    nellspot

    The $300 is one way. To buy/sell 100 contracts. It would be $600 for the round trade. To Buy AND Sell the 100 contracts. Or vice versa.

    Taxes can vary, depending on your situation. You could safely assume 25%.
     
    #205     Mar 23, 2006
  6. nellspot

    nellspot

    not sure. merely extrapolating on smaller sized commissions here.
     
    #206     Mar 23, 2006
  7. just multiply your commission rate for how many contracts you swung..

    If you have $4.75 commissions that’s $475.00 per 100 contracts.

    don't know how the other guy can say your commissions are $300 when he does not know what your paying?


     
    #207     Mar 23, 2006
  8. nellspot

    nellspot

    mishwar is paper trading. he is paying nothing right now.
     
    #208     Mar 23, 2006

  9. AHHHH :p
     
    #209     Mar 23, 2006
  10. mishwar

    mishwar

    unlikely to be tradin friday.. sorry

    regards
    mishwar
     
    #210     Mar 23, 2006