Trader P/L 2007

Discussion in 'Journals' started by mnx, Jan 3, 2007.

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  1. Peabo

    Peabo

    I use MB Trading, which has three commission plans. I calculated what 259,000 shares would cost using each commission plan. Since I don't know what size blocks you trade, I guessed that you had 259 trades of 1,000 shares each:

    Cost of trading 259,000 shares using MB Trading:

    Plan A: $1,942.50
    Plan B: $3,613.00
    Plan C: $1,295.00

    I believe the cost if you used Interactive Brokers would be $1,295.

    Since I trade fewer than 5,000 shares a day (usually) I use MB Trading Plan A, which I am very happy with.

    Given the mega volume you trade, I would think commission costs must be one of your top priorities.

    Hope this helps!
     
    #1931     May 17, 2007
  2. Time to size down, +50 gross, -270 net... I've gotta get my touch back before the month is over.
     
    #1932     May 17, 2007
  3. calling it a day

    +324 net on 2200 shares today

    have a great weekend!
     
    #1933     May 18, 2007
  4. +193.80 Net
    2800 Shares

    So boring and slow, again. Luckily, I caught a couple of good trades to offset all the other junk I was trading.
     
    #1934     May 18, 2007
  5. net 640 for the day.

    net 3001 for the week.

    Have a great weekend, everyone!
     
    #1935     May 18, 2007
  6. Awesome day considering I was down -$1200 in the first two hours. Great comeback and very happy with the result.

    Have a good weekend guys!!!!
     
    #1936     May 18, 2007
  7. Peabo

    Peabo

    Hi All,

    Started late today, and missed the move of my favorite stock (ELN).

    Have a great weekend!
     
    #1937     May 18, 2007
  8. +17k on es after two days out for system upate.

    good weekend
     
    #1938     May 18, 2007
  9. -488 net on 30 ER2 contracts.
     
    #1939     May 18, 2007
  10. Could have done without DUSA beating my head with a mallet first thing this morning. Apart from that, solid cash collecting.
     
    #1940     May 18, 2007
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