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


To: Apakhabar who wrote (10934)12/15/2000 9:07:59 AM
From: Dominick  Respond to of 18137
 
IMO scalpers have to be able to sell 100 or 200 shares all the time

I find that amazing!! A commission of $15 per trade requires a stock of 100 shares to move at least 5/16's just to break even. To make a living you'd have to be chained to the computer night and day!

I see a lot of 100 and 200 shares come across Time & sales in volatile stocks, but I believed they were just bulls and bears trying to rally their forces.

Dominick



To: Apakhabar who wrote (10934)12/15/2000 9:15:15 AM
From: TraderAlan  Respond to of 18137
 
Ap,

The per share cost from folks like IB really helps the scalping environment. Maybe that why Naz is trying to take away the inefficiency.

I think I should add from my last note that scalping is clearly one best ways to make money in the current environment. Don't know if that sounds contradictory. I don't think I said you can't make money doing it. More that most folks will crash and burn attempting to do it.

Alan



To: Apakhabar who wrote (10934)12/15/2000 11:50:29 AM
From: Paul Viapiano  Respond to of 18137
 
108 trades to make $237?

18 trades an hour?

I could never do that...but I guess there's more than one way to skin a MM...