Recent content by deadreader

It looks like the newswires and stock gurus have made the same mistake twice: http://216.239.41.104/search?q=cache:LCLh3SzptFMJ:netscape.marketwatch.com/news/story.asp%3Fcolumn%3DCorrections%26siteid%3Dcompuserve+%22MarketWatch+incorrectly+reported+the+status%22&hl=en&ie=UTF-8

Well, I'm thinking that 300,000 shares a month is about what I might be doing ... I don't know if you've seen my other thread (IB cheap etc), but do you think on only 300,000 shares a month that some firm will give me better commissions than 1 cent for 500 and 1/2 cent for 500+?

So, IB is as cheap as it gets? .01 for the first 500 .005 for 500+ No ECN fees Everyone here agrees? I was hoping for better news than this, but hey, I'm an extremely cheap person to begin with!

So, what you're saying is, there aren't many firms who don't charge commissions but instead take a % of your payout? At the firms that do this, 50% would be considered a 'high payout?' Lastly, how many shares do you have to be doing a day for a firm to consider you?

What is the going 'average' payout when no commissions are paid? 50%? Or is that on the high end ...

I'm going to top this and see if anyone else has comments as to where commissions (after all is said and done) are cheapest, without sacrificing the reliability/executions that I get with IB, of course...

1 cent a share for the first 500 1/2 cent a share for 500+ shares Does it get any cheaper than this anywhere else in the world? Let's say I start doing about 300,000 shares a month, IB doesn't offer ECN rebates, but they don't charge for ECNs either ... Basically what I'm asking is...

Not that I should be or want to be using 4 to 1 margin, but it's interesting that TWS only lets me place orders using no greater than 3.301 to 1 margin. (It's been this way ever since I could remember) Why is this?

Looks like the shorts are working overtime to make this market go down: http://moneycentral.msn.com/home.asp http://www.nyse.com/home.html == Looks like CNBC has already unhacked the change in the DJIA (it was down -1200 until a few seconds ago) The NYSE is still hacked, DJIA...

Tradestation does in fact charge full exchange fees, even if you sign up at 11.59 PM on the last day of the month.

The Fed has come in to support the dollar twice in the last week, causing a short-squeeze in the equity markets. This sort of intervention (and other intervention that's not as obvious) must be killing the shorts (for example, Todd/minyanville went short this morning, only to get squeezed out...