Wednesday, April 19, 2006

System Z mid-Week 2: $10,349.68

System Z began running on an Ameritrade iZone account on April 7.
It began with $10,000. The program pays $5/trade, which is a significant percentage. If the program traded a larger account, commissions would be about 80% less. From now on, I'll give actual returns for System Z, and returns that are corrected for obscene commission rates. For the correction, I'll add back 60% of the commission costs to returns.

System Z account value: $10,349.68
commissions paid: $60
commissions should be: $24
which means I overpaid: $36
account value corrected for obscene commissions: $10,385.68

System Z actual return since 4/7: 3.50%
System Z corrected return since 4/7: 3.86%
Nasdaq return since 4/7: 1.28%



2 Comments:

At 1:24 AM, Anonymous Anonymous said...

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At 11:42 AM, Anonymous Anonymous said...

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