Comission and Bullet Rates

nitro · Jan 9, 2003

Quote from felichka:

What bargain is this if you pay per share higher than they want ?

felichka,

As CT stated above, the .005 rate is not all inclusive. It adds costs depending on what you trade. Since I only trade NYSE when I trade equities, add "...non-billable orders executed through ISI (ABN AMRO) will now incur a .0025 per share fee."

You need to calculate all the fees accurately to come to the true price.

nitro

felichka · Jan 9, 2003

Good for you !

calibertrader · Jan 9, 2003

Quote from TickerWatcher:

To let you know I don't work for the firm, but here is what I trade at (remote).

Yes SIPC
Regular 4 to 1 intraday 2 to 1 overnight (regular retail account)
Ecns are extra
Base is $0.0035 per share
Bullets are $.015 per share
Software is free, but I do pay $100 per month for the VPN
Charting is poor so I use another platform (my execution platform and charting do link to each other )
No billable orders...they have their own dot interface (yes they do have NX)

I have used redi plus, realtick, gr8trade, tradecast, watcher and cybertrader. None worked as well as the platform I'm currently using.

What is the name of the firm?

This is good for someone looking to do some lite day trading and limited positions unless you're putting up alot of capital. But for someone looking to do serious day trading, with minimal capital, and the most leverage, then it won't do.

nitro · Jan 9, 2003

Quote from TickerWatcher:

To let you know I don't work for the firm, but here is what I trade at (remote).

Yes SIPC
Regular 4 to 1 intraday 2 to 1 overnight (regular retail account)
Ecns are extra
Base is $0.0035 per share
Bullets are $.015 per share
Software is free, but I do pay $100 per month for the VPN
Charting is poor so I use another platform (my execution platform and charting do link to each other )
No billable orders...they have their own dot interface (yes they do have NX)

I have used redi plus, realtick, gr8trade, tradecast, watcher and cybertrader. None worked as well as the platform I'm currently using.

For crying out loud, spill the beans dude!

nitro :eek:

TickerWatcher · Jan 9, 2003

Quote from nitro:

For crying out loud, spill the beans dude!

nitro :eek:

I wasn't going to promote the firm, but since your crying out loud. I use Hammer and clear through Andover. Most branches can't compete, but a friend of mine owns a branch that does a LOT of volume so he can hook people up.

calibertrader · Jan 9, 2003

Quote from TickerWatcher:

I wasn't going to promote the firm, but since your crying out loud. I use Hammer and clear through Andover. Most branches can't compete, but a friend of mine owns a branch that does a LOT of volume so he can hook people up.

Exactly, you're hooked up by a FRIEND. So you shouldn't give people false hope of being able to find such a deal by only doing 10K a day, unless they have a friend that'll hook them up.

calibertrader · Jan 9, 2003

Quote from TickerWatcher:

I wasn't going to promote the firm, but since your crying out loud. I use Hammer and clear through Andover. Most branches can't compete, but a friend of mine owns a branch that does a LOT of volume so he can hook people up.

Out of curiousity which branch?

OVERtheLINE · Jan 9, 2003

Quote from calibertrader:

Out of curiousity which branch?

its my branch,
its called Im going to take all hold brothers and caliber dough branch, We aim to beat the piss out of all anti US daytraders
and to also take dough from all people associated with worldco and bright. At the end of the day we run down and KILL any people who live in the US and put our country down in any way.

calibertrader · Jan 9, 2003

Quote from OVERtheLINE:

its my branch,
its called Im going to take all hold brothers and caliber dough branch, We aim to beat the piss out of all anti US daytraders
and to also take dough from all people associated with worldco and bright

And then they ran for the hills!!!!!

TickerWatcher · Jan 9, 2003

Quote from calibertrader:

Exactly, you're hooked up by a FRIEND. So you shouldn't give people false hope of being able to find such a deal by only doing 10K a day, unless they have a friend that'll hook them up.

Who gave the false hope?
I can get people the same rate.

You use Hold why couldn't you give the same rate?

His business model is to make a little money off many traders instead of making a lot of $ off a few.