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Strategies & Market Trends : Trading For A Living -- Ignore unavailable to you. Want to Upgrade?


To: TraderAlan who wrote (1073)8/4/1998 11:26:00 PM
From: Enam Luf  Read Replies (1) | Respond to of 1729
 
He who lives by the sword ... dies by the sword...

the Internet cuts both ways guys.... and even false information can sometimes persist ... masquerading as the truth... But that seems to be what some people count on ... huh?...

I don't know whether what these people are saying is true... but it don't look good..... and neither does ktel right now.... which (unfortunately for you) your reputation as an "analyst" seems to be tied to....

Enam



To: TraderAlan who wrote (1073)8/5/1998 1:15:00 AM
From: Dave  Read Replies (3) | Respond to of 1729
 
Trading Cost Analysis - JPR Capital and Low Commissions:

If these guys are for real - then the commission costs of day trading have suddenly become a smaller factor in determining my success. My spreadsheet now indicates that I only have to average a 0.4 point gain per winning trade in order to meet my trading goals outlined in my previous post (#1070). If I increase my trades per week from 20 to 30 I only have to make 3/8 per winning trade - seems like a reasonable goal. I know nothing about this company but the commissions appear to have set a new standard for day trading! As always - comments are welcome!

jprcapital.com

NASDAQ $10 per ticket with the following additions:
SOES $0.50 per ticket
Island $1.00 per ticket
Selectnet $2.50 per ticket

Listed Stocks:
$10 per ticket up to 2000 shares
2001 shares or greater, $10 per ticket plus $0.015 per share

Regards,

Dave