I have talked with TOS to see if they have any third party analysis programs that would give similar data like Sierra Charts gives but they do not. I have a personal spreadsheet like the one I posted on a daily basis (that would give W/L and Ave Profit to Ave Loss) but I would have to enter each trade entry and exit price. Doable but takes time with this many trades. If this experiment should become long term profitable (highly improbable) and I gradually increase trade size to the point that I am trading at maximum PDT levels (even more highly improbable) then I might make a project of it and create this per trade spreadsheet. But using my golf analogy earlier that kind of success is like saying I will play in the PGA -- not going to happen. Just thought I would admit that before it comes back to me from one of you. But hey, last week I took a few pennies from the pros and that was fun. Well maybe it wasn't from the pros but from the few traders out there that are worse than me.
They reduced fees to $5.10 per million in sales I think it was like $22.20 per million before. So you can see on my TOS cash sheet that I posted, it cost me 2 cents in fees to sell 4K in Apple stock and zero to buy 4K. They said trading volume increase so much during the pandemic that they did not need to charge so much. Can you imagine that? A government agency saying Whoa, you are paying me too much. With my 319 trades at 4K a whack I traded $1,276,000 worth of Apple. So fees would have been $28.32. But I paid $6.38. So $22 of my $49 profit on the week came from that fee reduction. That is how thin my trading margins are. I averaged about 15 cents in profits per trade last week so that just illustrates how unlikely I am to have long term success at this but as I said earlier. This is for fun and the challenge.
No difference at all. In fact if you are trading very small they will charge you a minimum of 1 cent per trade but if you have a lot of trades you have overpaid and you will get a courtesy credit the next day for the overpayment. At least that is the way TOS does it.
Well, MSFT was a disaster. Lost $30. It felt so different than trading AAPL or maybe it was a different feeling because I started this Journal. Even though I am playing with coffee money I felt like a fish out of water today. I will go back to trading AAPL tomorrow and see if the fun returns. Spreadsheet attached. View attachment 262005
I don't know what your strategy was but it wasn't a good day for a mean reverting strategy. Just one giant move up
In the case of MSFT, it had its move in the first 20 minutes then stayed in a 75 cent range until the last 5 minutes. I guess that individual stocks have their own trading feel as MSFT did not behave and trade like AAPL. I believe I need to commit to AAPL and learn it with all its nuances and forget trying to trade any other stock.
Hm, I'd be surprised if TOS doesn't give you just a spreadsheet of exits and entries. I know IBKR I can find it. Sorry your MSFT didn't work out today.