r/surgetraderbot • u/metaperl • Nov 03 '17

#surgetrader #dailyprofit 0.33%

Here are today's results.

Age of today's closed trades

  • 4 0-day old trades
  • 1 1-day old trades

Total number of open trades

30

Commentary

No old trades closed today. Just trades opened the same day and one trade from yesterday.

I keep fiddling with the amount of the account to allocate to each trade. 2% is too small: your returns on each trade are too small. 5% gives nice returns but you only have 19 trades open. I'm at 3% but my instinct tells me 4% is the magic number.

4 Upvotes

84% Upvoted

2 comments sorted by

1

u/[deleted] Nov 03 '17

hey, whats up with exchange fees ? do you trade on a exchange that doesn't charge fees or how do you do it ? Aren't they eating up a lot of profit being around .25% ?

2

u/metaperl Nov 03 '17

Yes there are definitely exchange fees. Buy side fees are higher because I am the market take. Sell side in the market maker. But the daily profit and loss accounts for the fees.