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Technology Stocks : NEXTEL

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To: Frederick Smart who wrote (3871)12/24/1997 11:12:00 AM
From: P.T.Burnem  Read Replies (1) of 10227
 
We trade over 1.5 million shares a day as a firm in over 350 stocks. Some 2500-3000 trades.

Let's do some math here:

Each of your 20 professional traders makes, on average, 125-150 trades a day, or about one trade every 2.5-3 minutes. The average lot size is some 500-600 shares.

Ain't paper trading fun?

Freddie, does you dad know that you post to SI?

PTB

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