Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Stoxx who wrote (23761)	1/26/2002 3:49:28 PM
From: iceman66	Read Replies (2) \| Respond to of 39683

Tom, great thread and congratulations on the BTTT system. I am new to the short term trading seen and chart reading. I stumbled across your thread about a month ago and have been following it/hooked on it ever since. I have been trading stocks/mutual funds for the past 15 years and now have the time available to spend on "short term trades". I have a broker question for you, or anyone else on the thread. I have been using Fidelity most of the time for long-term trades. However, I made approximately 60 trades last quarter and at $15 bucks a pop, it doesn't take a rocket scientist to realize I am spending too much on trades. Do you use IB for all your trades? I have been reading up on IB and wander if the rates are too good to be true? What’s the catch? Do you have to buy “extra services” from them (i.e. real time quotes, level 2, etc?)? What are you average commission cost per trade using IB? Thanks in advance for your help, and look forward to contributing to the thread anyway I can as soon as I get a handle on the BTTT system. Jeff

To: Dr. Stoxx who wrote (23761)	1/28/2002 5:51:48 PM
From: Dr. Stoxx	Read Replies (3) \| Respond to of 39683

BTTT-Swing Trading Results Since 9/11/01 Trades for 1/29/02: TO BUY: TBA TO SELL SHORT: TBA Note: stops are not normally set until the second day. There are usually no daytrades with this system. OPEN TRADES: Date -- Stock -- Entry -- Last -- Stop -- Target -- P/L 1/24 -- MXIM -- 54.70 -- 57.05 -- 55 -- 57.5 -- +2.35 1/24 -- ESV -- 22.00 -- 22.63 -- 22 -- 24 -- +0.63 1/24 -- AMAT -- 41.74 -- 42.6 -- 40 -- 45 -- +0.86 1/24 -- MU -- 32.3 -- 32.3 -- 30.5 -- 34 -- +0.0 1/25 -- CMVT -- 23 -- 23.91 -- 22 -- 25.5 -- +0.91 1/25 -- EMLX -- 44 -- 45.95 -- 43 -- 49 -- +1.95 1/28 -- BRCM -- 46 -- 45 -- 43.5 -- 48.5 -- (1.0) 1/28 -- ERTS -- (57.3) -- 57.65 -- 60 -- 52 -- (0.35) CLOSED TRADES For a detailed list of trades 1-50, see post #21868 For a detailed list of trades 51-100, see post #22537 For a detailed list of trades 101-150, see post #23170 For a detailed list of trades 151-200, see post #23760 201. 1/17 - 1/22 XLNX long: -2.75 202. 1/22 - 1/22 BRCM long: -1.90 203. 1/15 - 1/23 OVER long: -0.45 204. 1/21 - 1/23 CA long: +2.00 205. 1/14 - 1/24 LXK long: -2.25 206. 1/17 - 1/24 BZH long: +4.80 207. 1/25 - 1/28 NVLS short: -2.30 TOTALS No. of Trades: 207 No. of Wins: 140 No. of Losses: 67 Total Points: +99.84 Raised for Charity (every 50th win): $500