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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

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To: Melissa McAuliffe who wrote (473)2/8/1998 2:48:00 PM
From: Tai Jin  Read Replies (1) of 2120
 
Melissa, I'm also relatively new at this. As for your first question, both E*Trade and Datek charge a commission for all trades of a given security (there are some exceptions). What broker are you using?

As for weekly profit, if I were to trade full time then I'd want to make at least $1k-2k per week (otherwise, I have no reason to quit my day job). Everyone sets their own personal goals. And rather than use points, why not use an absolute dollar amount or a percentage?

...tai
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