I tend to agree. commissions is not the most important thing. Actually the most important cost in trading is tax, not commissions.
However commissions must be kept under control since they will take a bite of every profit and dig yourself deeper when losing. You can't ignore them.
commissions are the edge for brokers and prop firms. that's granted.
for traders commissions are a cost. just like in any business you have cost. and actually, in proportion, commissions in trading are much lower than cost in many (most) other industries.
obviously, some trading strategies just can't afford high commissions and still they are legit (market making for instance, does require low cost). for swing or position trading, if the success depends on low commissions, maybe the strategy is not well though. I am only putting things in perspective. there is not one way to see it.
tntneo
However commissions must be kept under control since they will take a bite of every profit and dig yourself deeper when losing. You can't ignore them.
commissions are the edge for brokers and prop firms. that's granted.
for traders commissions are a cost. just like in any business you have cost. and actually, in proportion, commissions in trading are much lower than cost in many (most) other industries.
obviously, some trading strategies just can't afford high commissions and still they are legit (market making for instance, does require low cost). for swing or position trading, if the success depends on low commissions, maybe the strategy is not well though. I am only putting things in perspective. there is not one way to see it.
tntneo