Comments on Welcome to the Gutter: July Month in Review

Thanks for the info, Michael. I'll have to double...

2008-08-02T22:43:00.000-07:00

Thanks for the info, Michael. I'll have to double check my Sortino ratio calculations.

Nice post. I think you're calculating the Sortino ...

2008-08-02T07:48:00.000-07:00

Nice post. I think you're calculating the Sortino wrong, though. It should be higher than the Sharpe, because it only penalizes you for downside (not upside) volatility.

Thanks, Tim!

2008-07-31T14:47:00.000-07:00

Thanks, Tim!

aweosme post dude!

2008-07-31T11:44:00.000-07:00

aweosme post dude!

No, the commissions aren't related to timing. The...

2008-07-30T19:41:00.000-07:00

No, the commissions aren't related to timing. They are due to my broker. Thinkorswim has expensive commissions when doing large orders for pink sheet/OTCBB stocks. If I buy 20,000 shares of a 5 cent stock, that's a $20 commission. A $20 commission to enter and a $20 commission to exit is $40 round trip. Thinkorswim charges me a $50 commission for 50,000 shares or more.

What happened on July 15th was that I did a large order for GSPG on its breakout. GSPG was less than a 4 cent stock so I had to do a large order to make any sort of profit that was worthwhile. However, GSPG ended up not moving very much on the breakout, and I had to get out. The large commission canceled out any small profit I had.

For more detail on my July 15th GSPG trade, go here:

welcometothegutter.blogspot.com/2008/07/update-from-gutter.html

I can see how you're so commission obsessed consid...

2008-07-30T19:21:00.000-07:00

I can see how you're so commission obsessed considering they were almost 1/6 of your total account size now. Does timing have anything to do with saving money on commisions?

Plus, why so high commisions on such a measely trade on Jul 15? 100$ and a 8.5$ loss.... that would kill me man.