Here are my responses to the comments left on last week’s “position sizing considerations” post: nonadamas wrote: 1. What about equipment, ISP failures, do you always write down your trades? 2. What kind of backup set-up do you have? 3. Brokerage problems, problems at their site or with their people making errors? When I started [...]
Posted by 20 August 2005
Thoughts on Day Trading
2011 Update: You may also be interested in my article, Tools of the Trade, detailing how I trade as well as my hardware and software setup. 2010 Update – I (Mike) now trade exclusively with MB Trading. I suggest using stock brokers comparison site StockBrokers.com to compare the best day trading brokers. I’ve been exclusively [...]
Posted by 19 May 2005
Why I’m “In the Lab”
Posted by 24 June 2004
Free Positions!
Posted by 2 June 2004
Schwab’s Ridiculously High Commissions
Yesterday MaoXian took a look at the financials of several brokerages. He noted Schwab’s amazing average of $37.59 per trade: Charles Schwab reported 178,000 daily average revenue trades in Q1 (62 trading days) with average revenue earned per revenue trade of $37.59 (Yow!). 89% of total trades were placed online, by the way. A couple [...]
