Results : HCBK : Buy at 9.6994. Close at 9.60 So - 1.02% MRVL : Buy at 8.6458. Close at 8.64 So - 0.067% RIMM : Buy at 40.848. Close at 40.34 So - 1.24% JNPR : Buy at 14.135. Close at 14.43 So + 2.087% SCHW : Buy at 13.152. Close at 13.18 So + 0.212% 2009-03-12: HCBK : L5 = 2,0992% MRVL: L5 = 2,8037% RIMM : L5 = 2,1212% JNPR : L5 = 2,1314% SCHW : L5 = 2,4329% Have good trades... Overall bilan : + 71,4538% 2009-03-12(For Now is Now) HTS : L5 = 2,0781% MO : L5 = 0,9954% GDX : L5 = 1,8413% PBR : L5 = 2,6074% COGO : L5 = 2,6087%
Results : HCBK : Buy at 9.7403. Close at 9.9405 So + 2.0561% MRVL : Buy at 8.8514. Close at 8.86 So + 0.097% RIMM : Buy at 40.859. Close at 41.46 So + 1.47% JNPR : Buy at 14.574. Close at 14.77 So + 1.344% SCHW : Buy at 13.501. Close at 13.821 So + 2.3751% 2009-03-13: HCBK : L5 = 2,0992% MRVL: L5 = 2,8037% RIMM : L5 = 2,1212% JNPR : L5 = 2,1314% SCHW : L5 = 2,4329% Have good trades... Overall bilan : + 78,796% 2009-03-13(For Now is Now) HTS : L5 = 2,0781% MO : L5 = 0,9954% GDX : L5 = 1,8413% PBR : L5 = 2,6074% COGO : L5 = 2,6087%
Hi, 1. Some considerations about the IMPORTANCE of STOCK PRICE in DAYTRADING : - You are a beginner and you want to daytrade. - Your initial capital is 20 000$ for trading ONE stock called "A" and another 20 000$ for trading ONE stock called "B". - You trade by using my "Emin system" or anoter system. By using my "EminSystem" you will placed about 120 orders of buying per year. - Stock "A" is average 100$ and stock "B" is average 10$. We suppose that their average L5% value is similar. - Each stock has a good average volume (>1000000 per day). - We use "interactivebrokers" as broker (a very popular broker for beginner). Commissions : 0.005 per share with a minimum per order of USD 1.00. So : Cost in commissions per year for stock "A" : 120 * (((20000 / 100) * 0.005) * 2) = 240$ per Year. Cost in percentage / initial capital : (240 / 20000) * 100 = [red]1,2%[/red]. Cost in commissions per year for stock "B" : 120 * (((20000 / 10) * 0.005) * 2) = 2400$ per Year. Cost in percentage / initial capital : (2400 / 20000) * 100 = [red]12%[/red]. Conclusion : Stock "A" is by far the most profitable. Choose a stock can affect the profitability of your system. Otherwise, with stock "A" you buy an average of 200 shares and you are almsot sure that your order will not be partially filled... 2. Some considerations about the IMPORTANCE of CHOOSING A BROKER FOR THE COST OF YOUR COMMISSIONS in FUNCTION of your INITIAL CAPITAL, in DAYTRADING : 2.a. First scenario : - You are a beginner and you want to daytrade. - Your initial capital is 20 000$ for trading stock "Y" with broker "A" and another 20 000$ for trading the same stock "Y" by using broker "B". - You trade by using my "Emin system" or anoter system. By using my "EminSystem" you will placed about 120 orders of buying per year. - Stock "Y" is average 100$ . We suppose that their average L5% value is similar. - Each stock has a good average volume (>1000000 per day). - Commissions for broker "A" : 0.005 per share with a minimum per order of USD 1.00. Commissions for broker "B" : 5$ per order whatever the number of shares. So : Cost in commissions per year for stock "A" : 120 * (((20 000 / 100) * 0.005) * 2) = 240$ per Year. Cost in percentage / initial capital : (240 / 20 000) * 100 = [red]1,2%[/red]. Cost in commissions per year for stock "B" : 120 * (5 * 2) = 1200$ per Year. Cost in percentage / initial capital : (1200/ 20 000) * 100 = [red]6%[/red]. Conclusion : Borker "A" is by far the most adapted at your capital.Choose a broker can affect the profitability of your system. 2.b. Second scenario : we suppose our available initial capital is 120 000$ per broker. So : Cost in commissions per year for stock "A" : 120 * (((120 000/ 100) * 0.005) * 2) = 1440$ per Year. Cost in percentage / initial capital : (1440/ 120 000) * 100 = [red]1,2%[/red]. Cost in commissions per year for stock "B" : 120 * (5 * 2) = 1200$ per Year. Cost in percentage / initial capital : (1200/ 120 000) * 100 = [red]1%[/red]. Conclusion : Now, broker "B" is the most adapted at your capital. Choose a broker can affect the profitability of your system. But here the difference is not big. 3. CONCLUSION : In DAYTRADING it is better to trade a stock with a HIGH PRICE and by using a broker who permit a COMMISSIONS PER SHARE. PS : Of course you need also a system with a good potential return per day (For "Emin-System" a high L5% value). SO : For people who want to follow my system with a relatively low capital per stock, i want TO ADD TWO ANOTHER STOCK EACH DAY WITH HIGH VOLUME AND HIGH PRICE AND HIGH L5% VALUE. I have selected 2 stocks in NASDAQ : FSLR (L5 = 3,3593%) and SKF (L5 = 4,6053%). I hope i was clear, Best regards, Emintrader
Results : HCBK : None MRVL : Buy at 9.0987. Close at 8.98 So - 1.30% RIMM : None JNPR : None SCHW : None 2009-03-16: HCBK : L5 = 2,0992% MRVL: L5 = 2,8037% RIMM : L5 = 2,1212% JNPR : L5 = 2,1314% SCHW : L5 = 2,4329% Have good trades... Overall bilan : + 77,496% 2009-03-16(For Now is Now) HTS : L5 = 2,0781% MO : L5 = 0,9954% GDX : L5 = 1,8413% PBR : L5 = 2,6074% COGO : L5 = 2,6087% FSLR: L5 = 3,3594% FSLR: L5 = 4,6053%
Results : HCBK : Buy at 10.935. Close at 10.65 So - 2.5133% MRVL : None RIMM : Buy at 41.002. Close at 40.08 So - 2.199% JNPR : None SCHW : None 2009-03-17: HCBK : L5 = 2,0992% MRVL: L5 = 2,8037% RIMM : L5 = 2,1212% JNPR : L5 = 2,1314% SCHW : L5 = 2,4329% Have good trades... Overall bilan : + 72,7837% 2009-03-17(For Now is Now) HTS : L5 = 2,0781% MO : L5 = 1,0791% GDX : L5 = 1,8413% PBR : L5 = 2,6074% COGO : L5 = 2,6087% FSLR: L5 = 3,3593% SKF : L5 = 4,6053%
Results : HCBK : Buy at 10.588. Close at 10.79 So +1.907% MRVL : Buy at 8.7075. Close at 8.88 So +1.981% RIMM : Buy at 40.206. Close at 41.103 So + 2.0771% JNPR : Buy at 15.064. Close at 15.379 So + 2.087% SCHW : Buy at 13.91. Close at 14.241 So + 2.3751% 2009-03-18: HCBK : L5 = 2,0992% MRVL: L5 = 2,8037% RIMM : L5 = 2,1212% JNPR : L5 = 2,1314% SCHW : L5 = 2,4329% Have good trades... Overall bilan : + 83,2109% 2009-03-18(For Now is Now) HTS : L5 = 2,0781% MO : L5 = 1,0791% GDX : L5 = 1,8413% PBR : L5 = 2,6074% COGO : L5 = 2,6087% FSLR: L5 = 3,3593% SKF : L5 = 4,6053%
Results : HCBK : Buy at 11.2. Close at 11.431 So +2.0561% MRVL : Buy at 9.1907. Close at 9.4413 So +2.7273% RIMM : Buy at 41.563. Close at 41.24 So - 0.771% JNPR : Buy at 15.422. Close at 15.774 So + 2.087% SCHW : Buy at 14.31. Close at 14.65 So + 2.3751% 2009-03-19: HCBK : L5 = 2,0992% MRVL: L5 = 2,8037% RIMM : L5 = 2,1212% JNPR : L5 = 2,1314% SCHW : L5 = 2,4329% Have good trades... Overall bilan : + 91,6854% 2009-03-19(For Now is Now) HTS : L5 = 2,0781% MO : L5 = 1,0791% GDX : L5 = 1,8413% PBR : L5 = 2,6074% COGO : L5 = 2,4806% FSLR: L5 = 3,3593% SKF : L5 = 4,6053%
Results : HCBK : None MRVL : None RIMM : Buy at 43.075. Close at 42.34 So - 1.70% JNPR : None SCHW : None 2009-03-20: HCBK : L5 = 2,0992% MRVL: L5 = 2,8037% RIMM : L5 = 2,1734% JNPR : L5 = 2,1314% SCHW : L5 = 2,4329% Have good trades... Overall bilan : + 89,9854% 2009-03-20(For Now is Now) HTS : L5 = 2,0781% MO : L5 = 1,1272% GDX : L5 = 1,8413% PBR : L5 = 2,6074% COGO : L5 = 2,4806% FSLR: L5 = 3,3593% SKF : L5 = 4,6053%
Results : HCBK : None MRVL : None RIMM : None JNPR : None SCHW : Buy at 14.054 Close at 13.71 So - 2.50% 2009-03-23: HCBK : L5 = 2,0992% MRVL: L5 = 2,8037% RIMM : L5 = 2,1734% JNPR : L5 = 2,1314% SCHW : L5 = 2,4329% Have good trades... Overall bilan : + 87,4854% 2009-03-23(For Now is Now) HTS : L5 = 2,0781% MO : L5 = 1,1272% GDX : L5 = 1,8413% PBR : L5 = 2,6074% COGO : L5 = 2,4806% FSLR: L5 = 3,3593% SKF : L5 = 4,6053%
Results : HCBK : Buy at 11.915 Close at 12.16 So + 2.0561% MRVL : Buy at 9.0262 Close at 9.2723 So + 2.7273% RIMM : Buy at 43.648 Close at 44.577 So + 2.1261% JNPR : Buy at 15.677 Close at 16.004 So + 2.087% SCHW : Buy at 14.515 Close at 14.859 So + 2.3751% 2009-03-24: HCBK : L5 = 2,0992% MRVL: L5 = 2,8037% RIMM : L5 = 2,1734% JNPR : L5 = 2,1314% SCHW : L5 = 2,4329% Have good trades... Overall bilan : + 98,857% 2009-03-24(For Now is Now) HTS : L5 = 2,0781% MO : L5 = 1,1272% GDX : L5 = 1,8413% PBR : L5 = 2,6074% COGO : L5 = 2,4806% FSLR: L5 = 3,3593% SKF : L5 = 4,6053%