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Profits And Commision?


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  #21 (permalink)
street
Seoul South Korea
 
Posts: 14 since Jun 2014
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Thanks Received: 6

For most traders, commissions are going to be much less important than slippage. Slippage is basically paying the bid ask spread every time you trade. In essence, there is a cost of transaction, even with limit orders, because most of the time, it will not get filled unless the bid goes sellers or offer goes buyers.

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  #22 (permalink)
fcb98292
MSP MN
 
Posts: 11 since Dec 2014
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The only way I see to limit your broker wealth on your behalf is to:

1. Buy/lease a seat at the table (doesn't help the bottom line unless you trade huge lots), or
2. Cut your entries by 2/3, by whittling down your system to only the high-probability trades.

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Last Updated on May 28, 2015


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