Hey trading family,
Hope you have been enjoying your weekend. I was curious when posting your profits if you post net or gross? Personally, I've always posted net just to be more straightforward and not bloat the numbers. But I also realized if most people are posting gross, then that only makes my profits appear lower. Obviously at the end of the day you shouldn't be too focused on comparing your monetary gains to others, at least for your own sanity, but it has been on my mind as of late.
also, tradervue is best to disect stats and go over trades fyi
@reverselong Ye I love Tradervue, definitely worth the money. Sometimes when trading small I like to use gross since commissions might give you a distorted view of your performance.
@BBaccSoon yes, that is true. however if you are spending too much on commissions but improving with trading, maybe gotta switch the brokers up. for example, if going long maybe you trade with brokers that have free commissions. Also with shorting Trade zero sucks. if you hold over night with trade zero, its like $300/night. gotta be aware and keep track of slippage as it does eat up unnecessarily.
@reverselong Ye I wanted to hop on etrade but unfortunately they don't operate in Canada. Even IB Lite is only for U.S. customers. I will keep that in mind for Trade Zero, thanks. I did open an account there a few months back but was waiting until I had more capital to fund it to short tickers I wouldn't be able to with IB. But based on that it seems best to just wait until I have enough to go with a broker like Cobra or Centerpoint.
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