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Johan M

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Posts posted by Johan M


  1. thanks a lot for your reply guys

    @Jean-Pierre Poulin I risk max 1% of capital by trade (here 500$), never more than 4,000 shares by entry (number of share is set based on my SL),  no low float, only stock > 10$ and daily target is 1,000$ (2% capital)

    For my day cycle, it depend a lot of the stock in play and their volatility, i usually try to make max 4-5 trades per day

    Example for AMD or MU , i often enter 4,000 share because the stock has low volatility, my SL is 0.05$-0.10$ - which cost me higher fee 

    but if i trade TSLA for example, my SL is often 0.90$-1.25$, so it equal to 500-400 share, which cost me lower fee

    So some day i spend 50$ fee, some i spend 200$, depend of the stock traded

    *be really careful with volume traded, cause me some pain before 🙂

    If i should make advice, i will say its better to trade less (max 5 trade per day), set your TP at min 2:1 RR  (this is most important point i think) and stop trade once you achieve your daily target - it could be done with 1 trade.

    here nice video from Robert about share sizing and RR: www.youtube.com/watch?v=eDC5TQC13-s&t=2s

    thanks @Robert H i will try tiered fee from today and see if it improve my fee 😉

     

     

     


  2. Hello guys,

    i just want to ask about the commission fee that you guys pay, in average by month, i dont feel i overtrade but my commission fee is around 5% of my capital every month (50k usd), do you think is quite normal or its too much? 

    I used interactive broker and my commission scheme is fixed amount

    Thanks for support

    johan

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