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Strategies & Market Trends : Trading For A Living

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To: Dave who wrote (1075)	8/5/1998 5:02:00 PM
From: TraderAlan	Read Replies (1) of 1729

Dave, Can you comment on how you pick your entries and exits? Some styles can produce 3/8, some can't. Usually there's a trade off with risk (downside). Did some math. $11 avg ticket on 25 round trips yields about $315 net improvement/month. 40 yields about $620, after rebate for software and volume discounts MB provides. But it takes a lot to trust an outfit just starting up. $600 -really- isn't a lot in this line of business, especially if something gets screwed up and you can't fix it fast. Alan

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