Thursday, September 9, 2010

50k swing to retirement?

I have 50k to swing trade at a .5% gain per trade day



Example: $10.05 - $10.00 =.05cent

= (.05/10.00 ) 100 = .5% gain



will give me a profit of $250.00 per trade/day

for 20days = $5,000.00



a two weeks pay check will equal :



2wks = 80hrs



$5,000/2= $2,500



$2,500/80hrs = $31.25hr



right now I make 19hr



if , all of this is correct I am retiring at 44 in one year



and what is the commision on $5,000.00 per trade and is there a commision free service or a low transaction fee on-line that I can use versus the broker fee.