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>OUCH! I haven't looked at the site but that many 2 lots is something
>like 400 RT/month. $8K/month is $50 per trade per contract.
You should be able to talk down commissions to half that if you're doing
that
volume on a daily basis.
>And these
>are "simulated" trades.
If you bring the NQ intra-day data down to the smallest level possible
whereby you can get filled close to your signals, there might be a maximum
of eight significant waves in a choppy-yet-tradeable day. However, this is
rare. 2 to 6 significant waves is typical. Significant meaning enough
room for indicator lag slippage and commision on both sides of trades to
allow for profit. If you are wrong 35-40% of the time and all significant
waves
get past your filters(hard to believe) and you are occassionally taking
more than
one attempt at a significant wave when stopped out by noise, I can see how
you
could average
6-10 trades per day. But it sure would be exhausting. At least you'd
always have a best friend--your broker.
>By the time you got a signal from some service
>and got the order done, your slippage could be MUCH worse than that.
>I'll pass.
Got that right. Can't imagine this trader executing and sending out signals
to customers all in a timely fashion when trading at this speed. Maybe I'm
wrong
but I'm not aware of any technology that can handle that.
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