Tim, here are my daytrading results from my first 8 days at Watley. At the same time, I continued to trade at Fidelity Spartan, and these results are listed as well. All trades were scalps, so they lasted a few seconds to a minute.
It is evident that either I've yet to master the Watley (MBT, Cyber, etc.) system, or my style of trading needs to change to accomodate Watley's executions. It also is evident that Fidelity works quite well for these scalps. In the last several days, I've taken a break from Watley in order to stop the losses:
Day Fidelity Watley Total 04/05 61.78 ( 656.92) ( 595.14) 04/06 528.55 ( 89.70) 438.85 04/07 539.95 ( 161.01) 378.94 04/08 715.62 ( 19.01) 696.61 04/09 318.63 ( 463.78) ( 145.15) 04/12 249.28 (1,326.67) (1,077.39) 04/13 563.82 No Trades 563.82 04/14 1,869.30 No Trades 1,869.30
Total: 4,846.93 (2,717.09) 2,129.84
Gary Korn |