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what's billables? It includes everything except for SEC fees.

Caliber, yes, I did have to fight for these rates, and that's exactly what I'm suggesting to other traders, fight for lower rates! Nobody's going to hand out free money.

what firm's interests are you representing (now it's more clear) 2/10 is done plenty of places. the problem with your situation if you dont mind me posting this (i read some of your other posts now so i'm more familiar with your situation) is that you're going through a broker who is then...

I'm not going to answer any more of your questions untill you start answering mine and stick to the topics. Feel free to check out if I'm Tickerwatcher, bet he gets a laugh out of this too. Furthermore, "where are all these people"?? for chrissake it's sunday afternoon and we're the only...

wow, are you implying that I'm tickerwatcher? Let's talk to whoever runs Elitetrader and you can have them answer this question directly. Still stumped huh? You're not addressing the topic of discussion and are always exaggerating and countering with tertiary arguments. Look, I don;t...

why are you constantly exaggerating things like .1/10 commission costs and .0035 for 40-50k/day? if you want to talk about this then quit twisting what people say. I said people doing decent volume of ~40k should not be paying .01, I didn't say .0035. What I did say was as the volume goes up...

1) Are you out of your mind!?!?!?! 250k a month in costs? give me a break! And why don't you go back and read my post, I'm being generous and giving an example off of .002 clearing costs which is plenty. Don't be posting bullshit trying to counter that. I have no argument with you that...

chiguy, I'm giving you the benefit of the doubt, but then again maybe you are also someone with a vested interest in a prop firm. We the traders definately dont have it as good as the owners of firms and LLCs UNLESS COMMISSIONS COME DOWN IN LINE WITH THE RISK/LABOR taken by the respective...

Are you out of your mind? First: internet leveled the playing field? Get real moron, it's not like every daytrader has access to firstcall and bloomberg. The information flow on the institutional side far surpasses anything that most of us have on the outside. Being a former professional...

working for? I remember you from past posts and it sounds like you're a partner in some LLC or prop group. Why are you telling people to stop posting about talking about commissions here when the subject of the thread is COMMISSION AND BULLET RATES??? Are you some idiot? chiguy...

Agreed, but mostly I trade Listed so those rates are real. But even trading nasdaq, I find that on balance, I'm a slight provider of liquidity, so my costs for trading nasdaq arent significantly different from NY. This firm I was at once "mistakenly" reversed my adds with takes for a few few...

Hey buddy, why don't you do the math and then post something like "get sucked dry" seriously, how much do you think % or revenues "support(yea right)" and technology is? I agree, it'll cost alot, but AS A % OF REVENUES the shop is making a killing. GET REAL, factor in all the costs you want...

agreed, most guys trading 50k a day are paying .005 all in, do slightly more and you're down to .004 and 100k puts you around .0035. if you're active like most people at the shops we mentioned, people put in 5-10k into a prop account (where the total pool might be 500k, btw, don't do stupid...

I agree with dgmodel. offer BOTH. First, there's only 1 firm that I know of that really trains people how to TRADE, they pay a decent salary so that you can go through a 1 year mentorship and learn how to really trade, not some lousy $2000/ month 'draw'. The other firms and LLCs that CLAIM to...

I think everyone's shifting towards NYSE because that's where the real companies are still standing. I wonder if all the S&P500 companies were listed on NASDAQ maybe nasdaq traders would still be doing well.

Looks like Tradestocks149 is actually some office manager who doesn't like people to know what costs really are around the street. I'm just a trader who thought that the point of this site is for TRADERS to share information with each other.

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heartland, etrade, generic

Has anyone ever had major account errors in their retail account? like trades you haven't done print into your account? Is anyone concerned about it and is there much recourse if that happens? just seems very possible given the huge volumes of trades we do and that there's no paper trail or...