Monday, May 25, 2009

First trade today


Here is a chart of the first scalp.
I took .08 on my trade. Tiny right? And I missed a ton...

however.. a bit of math:

My account size $73

.08/73 = 0.11%
0.11% * 6 days = 0.66%
0.66% * 50 weeks = 32.88%


So interesting.. return on my $75


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59 Cedar Street

My great grandfather worked on Wall St retiring in 1926 as one of 3 partners in the investment banking firm Winslow, Lanier & Co., 59 Cedar Street. 

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hrgreen
Received Bachelor Degree in Economics from Middlebury College.
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