Zeev's Turnips Patch-No Politics (ZEEV)

[tantal]

Hey, ya I missed that. Thanks. The lower commissions will absolutely improve my strategies. I have been trying to daytrade ~ $10000 positions with a $22 round trip cost, with the goal of flipping rapidly and improving my "feel" for trading. With a target of $100 profit and loss limited to $50, I have to stay above my entry immediately with little room on the downside unless I want to open up my risk/reward window.

Well, it hasn't been a terribly effective textbook. I really need the lower round trip costs to test my entry strategies, such as using a specific cyclical indicator or two as a trigger. It's really tough to be right often when you're learning, and as many have mentioned, day trades turn into swing trades turn into LTBH all too often.

There's not much to be learned in paper trading, either. I find there's a big diff between pulling the trigger mentally and actually getting that order filled in real time, with a real stock using a real broker. Also theres just no emotional attachment to a paper trade and it's the emotion which is the worst enemy. I find paper trading similar to practicing my golf swing by playing a computer golf game. Big difference between knowing what to do and being able to execute it.

thanks for the kind words, Newly, and for the comments on Siebert.