Grinding it out, day after day

Discussion in 'Journals' started by lescor, Jan 9, 2010.

  1. Is the 10,400 gross or net? Regardless, not a bad "dull" week.
     
    #571     Mar 12, 2010

  2. What is the time limit (how many minutes) after the trade to request a bust?
     
    #572     Mar 12, 2010
  3. lescor

    lescor

    Gross. Probably about 700 bucks in commissions and fees.
     
    #573     Mar 12, 2010
  4. lescor

    lescor

    It varies by exchange and there are different rules for pre-market, but in this case it was 30 minutes.
     
    #574     Mar 12, 2010
  5. lescor $700 bucks on 356k shares? thats .002 a share after all fees.. i know echo's base is a min of .002 so you got to be adding liquidity 75% of the time. my commissions 1/2 yours and my net commish is much more than yours as i take a ton.
     
    #575     Mar 12, 2010
  6. lescor

    lescor

    My all in rate averages about .25. That is both Echo and IB combined, sec fees, ecn credits and rebates.
     
    #576     Mar 12, 2010
  7. Lescor,

    How long does most of your trades last (a few minutes, 10 minutes, 30 minutes, longer)?

    thanks,

    Walt
     
    #577     Mar 13, 2010
  8. lescor. what precentage of you profits are opg orders? are you still doing a lot of them?
     
    #578     Mar 13, 2010
  9. Agassi

    Agassi

    you are like Jesse Livermore....Your background is truly inspiring and should motivate every one else here...
     
    #579     Mar 14, 2010
  10. ~~~

    ~~~

    many highly successful people don't have a college or university degree.. they attended the "university of life" and graduated with great honors and lescor is one of them :)

    when i was a trainee..so many traders with good degrees got kicked out because they can't trade-well and i told my-self I don't wanna get axed...
    i must trade-well because in the trading world, the most important is "the real good-result not the paper-qualification.

    lescor is truly inspiring .... :)
     
    #580     Mar 15, 2010