[james_gsx]

Yes, I'm familiar with that area. I often go to Avs games at the Pepsi Center which is relatively close, or I take Speer down to Cherry Creek. Sometimes I actually go downtown, but I try to avoid it with all the one way streets lol I'm up north around 120th.

Good luck, if you need help with anything in Denver send me a PM.

[brownsfan019]

One piece of advice in Denver - AVOID the Denver Broncos. A terrible NFL franchise.



Oh yeah, gsx likes this game called hockey too but the rest of the US is not quite sure what he's talking about.

[jonbig04]

Today was interesting. Yesterday's problems were still present, but they weren't as acute. I'm getting a handle on some of them...TAKE YOUR LOSSES is still the hardest one, but while I did get stopped out a few times, I took my losses a lot of the time. Not perfect yet, but its improving.

I'm doing some testing of my stop strategy right now. Seeing when they kick in and out etc. I'm also considering changing time tables a little bit.
Today wasn't very profitable, at all, but its an improvement over yesterday's fiasco.

results= +1.75 points

5 days trading +15 points

[brownsfan019]

Originally Posted by jonbig04 »

results= +1.75 points

5 days trading +15 points

Is that gross or net?

[jonbig04]

[QUOTE=brownsfan019;43876]Is that gross or net?[/QUOTE


Just the up days minus the down days. I could be off by a point or two, but I think its right. It means diddly anyways. The way I feel right now I will probably lose 20 points tomorrow.

[brownsfan019]

Originally Posted by brownsfan019 »

Is that gross or net?[/QUOTE


Just the up days minus the down days. I could be off by a point or two, but I think its right. It means diddly anyways. The way I feel right now I will probably lose 20 points tomorrow.

Actually you are forgetting an important component to trading...

GROSS POINTS
vs.
NET POINTS

With the amount of trades you are taking, you NEED to be running both numbers.

GROSS = Total points
NET = Total points - Total Commissions

In the end, NET is what counts as that is what hits your account.

I suggest you track both so you can see the impact of the amount of trades to your bottom line.

[jonbig04]

Originally Posted by brownsfan019 »

Actually you are forgetting an important component to trading...

GROSS POINTS
vs.
NET POINTS

With the amount of trades you are taking, you NEED to be running both numbers.

GROSS = Total points
NET = Total points - Total Commissions

In the end, NET is what counts as that is what hits your account.

I suggest you track both so you can see the impact of the amount of trades to your bottom line.

For sure. I will do that calculation tomorrow. I will also find out exactly what my broker is charging...or will be charging.

[brownsfan019]

I think you might be surprised at how much or little those trades eat into the end result P&L. My guess is that w/ the amount of trades we've seen already, a nice chunk of that gross profit may head on over to your broker's account. And they ALWAYS get paid before you.