Search results

It has nothing to do with whether or not the commission is too high and I'm not asking for them to bend - which I assume you mean I'm trying to get a lower commission. I don't care about the commission. :)

I think you are back to square one with the QQQ. Nasdaq and QQQ practically trade identically. :)

I don't follow you.:cool: :)

Obviously it would be some sort of auto-fill that wouldn't require human intervention. Absolutely they care - The banks and brokers are relying more and more on commissions. Commissions is a big money generator. IMO ...... To let a $9.99 commission slip away over 15 cents is ridiculous. :)

Reduce or unwind the position. :)

OK ..... Thanks for the replies. I brought his up because I just opened up a 2nd trading account with TD and they charge $9.99 per order. My first two trades were 10 shares and 15 shares - about $500.00 each trade. The bid/ask spread was 1 or 2 cents I placed Limit Orders at the bid. To my...

TD Ameritrade $9.99 per trade. Bid/Ask spread $0.05. 20 share order. Why let a few pennies x 20 shares hold up a $9.99 commission? Take the $0.60 from the commission and fill the order (at the brokers discretion). :)

You place a Buy Limit Order at the Bid (Or Sell Limit Order at the Ask). In some cases it's just a penny holding up the order. At the brokers discretion why don't they fill the order and take it out of the commission? IMO ....... A guaranteed smaller commission is better than no commission if...

IMO ....... Since the Nasdaq is a composite of stocks "hedging" would be pointless. :)

You will always have a major stock that defies the days trend. My watch list consists of 10 stocks and almost every day one of them will go against the overall market. AAPL MSFT GOOGL AMZN PCLN NFLX FB TSLA CMG QQQ :)

I'm rooting for Team Oldnemesis :)

One of the main differences of Forex over Futures is the margin required to trade. A Forex account can be less than $1000, while a futures account could require about $2000+. No ..... I am not "nitpicking". :)

Measure of price movement. Forex = Pips Futures = Ticks No options for Forex, but there is options for Futures including Currency Futures. :)

VB (virtual brokers) sounds very shady. Would your funds be safe with them? :)

Cris76 ....... No trading instrument that use PIPS as a measure of price movement offer options for that instrument. :)

It's clear to me also what Visaria posted. And it makes zero sense to base your profit target on your commissions and the bid/ask spread. :)

Another big bounce from the pre-market. Up $15.00 from the time of your post to now. :)

Yes ..... Of course you want to recover all costs associated with trading - plus some sort of profit. :)

Martinghoul ...... It's a fair question in response to Visaria's post. He thinks that "Your absolute MINIMUM profit target should be 10x cost. Cost equals bid/offer plus commission." Visaria can't give a reason how he came up with that and when brokers commissions are compared his statement...

I'm with BMO Investorline in Canada and the PDT rule does not apply for any stocks or options. I assume PDT is a US only restriction. :)