Recent content by HFT2013

I am not an American, and I am Chinese. That is why my English sometimes is not idiomatic. There are lots of new immigrants in this country whose English are not as good as natives. So you have a problem with all of them? I stand for trader's interest, because I am a trader. I don't stand for...

I am not selling anything, because I am not a broker/dealer. Only brokers who charge expensive commissions should consider what I claimed "negative". For traders, instead, letting them know the truth is a positive thing. Moreover, this title of this thread is "commission rate is everything for...

I am not a broker/dealer and I don't want to do any advertisement here. If you are interested, I can send you a message personally.

If you use IB's SMART routing, your commission might be lower than rebate, but you'd better do some statistics comparing the execution prices with last prices. You will find you lose money. If you use direct routing, IB's commission will be higher than your rebate. You will find you lose...

Again, unless you are not a day trader, if you trade frequently like several rounds per day, expensive commission will make you lose money. To over come the commission issue, either you want to do long term investment(so the commission is not an issue), otherwise you need find a low commission...

There are some high clearing firms providing low commission rate like 0.125 per 1000 shares. However, they need at least 250 K minimum deposit and monthly minimum commission fee. Moreover, you are responsible to pay all the third party software fee you need.

No. I really meant 0.125 per 1000 shares. No retail brokers in the US would offer this low rate. Only some high frequency trading clearing firm can offer this rate, but you need to pay a "monthly minimum commission fee" to them, which require you trade 5 million shares per day. Moreover, the...

Normally, retail brokers charge above 5 dollars per 1000 shares and prop shops charge about more than 2 dollars per 1000 shares as the commission rate. According to my many years of experience, these expensive commission rates can make you lose money. The more you trade, the more you lose and...