Here are my responses to the comments left on last week’s “position sizing considerations” post:
nonadamas wrote:
1. What about equipment, ISP failures, do you always write down your trades?
2. What kind of backup set-up do you have?
3. Brokerage problems, problems at their site or with their people making errors?
When I started active trading, [...]
Browsing Commissions™
Position Sizing Q & A
Thoughts on Day Trading
(Edit: You may also be interested in my article detailing how I trade as well as my hardware and software setup.)
I’ve been exclusively day trading for almost three months now. The switch from swing trading has been quite an experience and I’ve had a few ‘light bulb’ moments along the way as you’ll [...]
Why I’m “In the Lab”
Yesterday I mentioned that I was trading in demo mode (basically hi tech paper trading). A few weeks ago I decided that I wanted to shorten my time frame for trading. So I’ve been experimenting with more of a day trading style. I really like the idea of starting each day with, [...]
Free Positions!
One of my favorite things to do is take a free position and/or lock in gains when I can. Since I had pretty nice gains on most of the positions I initiated yesterday I was very focused on rolling up my stops this morning. I’ve now guaranteed myself (assuming that they don’t gap [...]
Schwab’s Ridiculously High Commissions
Yesterday MaoXian took a look at the financials of several brokerages. He noted Schwab’s amazing average of $37.59 per trade:
Charles Schwab reported 178,000 daily average revenue trades in Q1 (62 trading days) with average revenue earned per revenue trade of $37.59 (Yow!). 89% of total trades were placed online, by the way.
A couple of [...]



















