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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (10685)3/17/1999 1:14:00 PM
From: Junkyardawg  Respond to of 43080
 
In Ktel @ 9 3/8
dawg



To: LastShadow who wrote (10685)3/17/1999 1:29:00 PM
From: Leland Charon  Respond to of 43080
 
LS and thread,

Here is some food for thought. I was working on some income goals using an income calculator on the Polar Trading thread. Here is an interesting situation to ponder

You make 20 round trip per day of 1,000 shares each.
Your fees are $15.00/ticket
Avg Gain per winning trade = .375 (3/8's)
Avg Loss per losing trade = .1875 (3/16's)
% effectiveness: 65%

Daily Income: $2,962.50
Yearly Income: $746,550.00

This certainly puts thing in perspective

Leland



To: LastShadow who wrote (10685)3/17/1999 1:31:00 PM
From: Nandu  Read Replies (1) | Respond to of 43080
 
Scott, have you tried Yahoo! Finance Canada? ca.finance.yahoo.com. I can get historical quotes for Canadian stocks, and if I knew any Canadian fund names, I could have tried them too.



To: LastShadow who wrote (10685)3/17/1999 1:56:00 PM
From: Judy  Read Replies (1) | Respond to of 43080
 
NSOL

Watched the tape action of NSOL briefly yesterday and today, my sense is that the stock should make its next run from base 260ish ... this is a momentum trade for aggressive nimble traders and one has no idea what news release or analyst comments may be forthcoming in the immediate future.

I am long NSOL calls and will hold for as long as I don't freak out.