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All the other trades were just pars, but unlike anytime before pars aren't a commission loss. Each par I take I take a tick of profit out of the market so not only am I covering commission expenses but i'm adding (albeit very tiny) to my account balance with each non performing trade. You think it doesn't add up over time but it really really does. This week alone i've had 10 par trades with a gross profit total of $86.25 Without taking that tick of profit my account would suffer a $54.50 loss from commission expenses. This way i'm sitting pretty with $31.75 worth of additional profit which isn't much, but its a $140.75 swing in profitability!
Trade Results:
8 Trades, 1 Loss, 4 Wins, 3 Pars
Gross P/L: $203.75/per
3 comments:
Are you back on the Live account?
Unfortunately no... money is in que waiting to clear... should be live next week for sure.
However, I have made sure that all of my fills, management, etc... are as realistic as possible. I only have the margin for one trade at a time so every trade I take is the only trade open at once in sim. Trying to keep things IDENTICAL to my live performance possibilities.
But until next week, practice, practice, practice!
Which broker do you use?
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