Friday, May 15, 2009

Covered both short units at 878.00

3 comments:

lilies said...

Hi Carl,

Can I ask you what is your trading cost, I'm not familiar with a unit of sp500 emini , so if you trade 1 unit , what fraction will it have to move before you recover your cost, like for me if i do 1000 share of something , my trading cost is $20, so .02 cents is my trading cost

thank you,
lilies

JM said...

Seven points...nice play, Carl.

Carl Futia said...

Lilies:

My costs are a little less than $5 per contract on a round turn, about 0.10 of an e-mini point. These costs are accounted for in the trading summaries you see on the right hand side of the blog.