RE:RE:RE:RE:RE:RE:RE:I'm Still Trading the 5-8 Cent ups and downs......
Snowballer wrote: My strategy is very simillar to rschell403. I pay $4.99 a trade but I try to hit between .15 and .40 cents spreads a few times a week. Consequently I hold many positions overnight and find I make most of my money on flipping between 1500 to 4000 shares while leaving high positions alone. When FM rallies, I collect my high positions at often higher spreads.
I just keep revolving my positions and averages which is why, if i have funds available, I hardly take a loss. I'm 63% on my money this year, and we have 6 months to go! Although others here have made 200% to 300%, my measuring stick is simply anything over 20% on my money is FANTASTIC and reminds me that I should just keep handling my own investments, lol. GL All.
Wow, those are some solid numbers.
I got some questions:
- Is this your full-time gig?
- What brokers do you guys use? I assume Qtrade?
Keep up the good work.