martin h asked:


I am sure I am not the first to try this approach. It’s based on the formula that every time you increase your principle by1 percent, then every time you do this 100 times, your principle will be double. so if you average 1 percent gain on selling a stock, and you do this 20 times a day then your principle will double every 5 days.

I imagine there is something similar to this that day traders try to do. I know you will never consistently make one percent on every trade, but if you average that, then it still works out. Gaining one percent on a stock isn’t that hard, is it?

Joshua

AntDU asked:


I began buying and selling stock this year. I am doing my year end figures for my visit to my accountant. How do I go about this? Should I basically subtract the losses from the gains to come up with a total gain/loss?

I am trying to get an idea before seeing her.

What do I do with the stocks that are still in my account?

Should I subtract Commissions from the gain and increase losses by the amout?

Haley