05-24-2006 16:54
Day trading is now quite interesting since limit orders were introduced.
However the market lacks liquidity, the transactions fees are REALLY high..3.5% are just insane, I'd prefere paying a deposit fee and benefit from lower transaction fees.

The trading principe was simple: buy a long USD/L$ position and then close it.
only won 10 bucks, but had so much fun playing on LindeX :)

Started with: 185.98 USD
End-of-day: 194.91 USD
Daily performance: +4.80%
Turn-over: 709'786 L$ (around 10% of the daily volume )
Turn-over ratio: 10.04
Executed orders: 19
Transaction fees paid: 39.59 USD ( crazy 25% of capital o_O)

Now going to sleep :)