Seeking Alpha
  • Jayson Derrick
    Just bought some $KORS.. wish I bought sooner though
    2/12/13
    Reply (11)
    • monumentalgains: what did you pay if I may ask?
      2/12/13
    • Jayson Derrick: 63.49, trying to buy more, I hope I didn't miss the boat!
      2/12/13
    • monumentalgains: dang, that's a huge leap from yesterdays closing ....wow
      2/12/13
    • Jayson Derrick: pre market liquidity especially before 8am very dangerous!
      2/12/13
    • monumentalgains: I'm just happy that it's moving up big, and the 70's are not far away!
      2/12/13
    • Perkins Cove: Prompt, as an HFT are you looking for a certain % gain?
      2/12/13
    • Jayson Derrick: I look at dollar amounts, not percentage. A stock like KORS, would like to make $100-150 on 200 shares, but now will be happy to break even
      2/12/13
    • Perkins Cove: Thanks Prompt. Interesting.
      2/12/13
    • Jayson Derrick: Average profit is probably in the $20-30 range, sometimes more. This is #daytrading, so small profits done (hopefully) many times per day.
      2/12/13
    • det9: Who is your broker ? Commission would eat into profits.
      2/12/13
    • Jayson Derrick: Hi trade with a prop account, commissions are substantially cheaper than retail!
      2/12/13