
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
There are buyers on one side of the street, and sellers on the other, and I am in the middle. The bell ringer was right, there is money to be made....... slow methodical progress.
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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