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Strategies & Market Trends : Befriend the Trend Trading
SPY 671.40-1.1%Dec 17 4:00 PM EST

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To: Ken Adams who wrote (8180)6/10/2000 12:45:00 PM
From: Dan Duchardt  Read Replies (1) of 39683
 
Ken,

Your reply to Sam:

You said you used $19.95 per trade. Do you mean round turn? If that's actually per ticket it's about double what I'd pay. That would make your results look much better, too.

I took a look at Sam's files. You can deduce from his data that he used $19.95 per transaction, not the round trip. For example, on ADAP he has 20 turnaround trades at a cost of $798.

Cutting that in half would certainly make things better. Cutting it by 90% would be WAY better. Wishful thinking?? Actually it's not. I'm doing it now, though I'm not in a position to really take advantage of the BTT-MAX strategy. That's a limitation of resources, not the nature of the account. I'm not here to hype a broker. I have nothing to gain by it, but if anybody cares to check where I post on SI you can find it, get an honest summary of the performance, and ask questions if you like.

Dan
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