Traders Laboratory - View Single Post - Smaller profits yields better results?
View Single Post
  #17 (permalink)  
Old 06-07-2007, 12:33 PM
walterw's Avatar
walterw walterw is offline
walterw is The Trader Chimp

Trader Specs
 
Join Date: Nov 2006
Location: Argentina
Posts: 2,168
Thanks: 0
Thanked 41 Times in 30 Posts
Re: Smaller profits yields better results?

Quote:
View Post
1.25pt on the ES is 5 ticks, right? At $12.50/tick, that's $62.50 gross profit per contract before commissions.

Let's say, for the sake of argument, that your rate is $3 r/t all-in per car.

That's $59.50 net per contract. So then, what is the RRR on your setup that would lead you to seek an even lower commission?
He can do ok with 5 tick target and 3 tick stop.... anyway I would add a runner for momentum conditions and let this runners profit absorb future stops...

__________________
you can check my site on my profile contact info...