SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Shaw who wrote (50207)6/15/2001 2:20:58 PM
From: parker_meridian  Read Replies (1) of 62347
 
It's a losing strategy over any length of time to trade NT for .17 scalps...I'd guess the the commish paid was $30 each way per thousand shares leaving a "profit" in the rage of $100 per $14K traded. Considering what one would need to allow on the downside + commish...it would probably take a succes rate in the 90% area to make money(and even then only with absolute discipline in taking stops)...I'd guess no one here trades with a 90% success rate...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext