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Message: Re: Just cleared $US 55 in trading
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Feb 22, 2010 03:13PM

lots of the trades are between 100 to 400 trades. Can you tell if they are fills from one source or multiple sources.

Assuming it's multiple sources, what are their targets? Transfering from penny stocks world, I'm wrapping my head around more standard trading expectations. Spending $22,000 for a 400 share trade bought at $55 and sold at $60 is only a $2000 gain. Is that decent? Perhaps their target is betwixt $70 to $100sp in which case 22thou gets you 6thou to18thou return, which is more in line with penny stock trading expectations.

Yet some of these trades are in and out in one day. So buying 400 with $22,000 with a $1 to $2 gain is $400 to $800 profit. Is that a great day for them?

-sg

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