Just read your posting on the volatility of KLAC the AM. Given the open of 58.87 on KLAC, targets up and down were 59.46 and 58.28. The high interplay was 59.44. the Low target was barely crossed at 58.27. Do you think that is coincidental or are the arbs and traders playing this game. Selling +1% and Covering -1% of the open. Do other stocks have this selling pressure and buying pressure +1% and -1% of the open? Great observation. .9% a day would be enough for me.
Total Cash Summary (Base Currency) Securities Commodities Total Starting Cash -75,251.18 0.00 -75,251.18 Deposits/Withdrawals & Int 305,202.03 0.00 305,202.03 Net Trades 509,929.53 0.00 509,929.53 Commissions -2,845.55 0.00 -2,845.55 Other -101.40 0.00 -101.40 Ending Cash 736,933.43 0.00 736,933.43 Ending Settled Cash 735,853.79 0.00 735,853.79 RE the statement.... I was a broker for a long time, now I feel like my clients...I can't read the statement. Did he start with a minus 75,251 and end with + 735,853 How much did he make?
We were in a SHORT position at the beginning of the month, then we transferred 300K and we made around 500K on trading.
what blew me away was that every trade he made that week were profitable. There were only 10 round trip trades that week for a profit of 2,400. Are you kidding me. How the hell can anybody make 10 trades in a row that are profits.
Has anyone besides Abogdan tried this on SMH or SPY, etc to see if it works? A simple question perhaps too simple fo ET................