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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: LPS5 who wrote (7041)	2/27/2000 12:29:00 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 18137

LPS, they rightly pointed out that the trade costs are quite high, so achieving constant trade profits is required to make daytrading overall profitable - see the graph showing the commission burden depending of the number of daily trades. But then, they did not pay attention to much higher costs - the displayed spread or the virtual, invisible actual spread which is much much higher than the $20, $30 commissions on a round trip. For me, the lesson is clear. All depends on myself whether I restrict my trading activities to a relatively small number of daily round turns and concentrating on situations which provide for a high % of profitability in comparison to total trade costs. ...