You are going to trade odd lots, at the open with a broker who is one step higher than a date raper seeing as how they admit to you what they are going to do upfront?
Does your system employ stops as well? With odd lots and a broker who is only going to execute you at whatever little rip-off shop they have a deal with?
If so, I would highly suggest you save $20 or so for a subscription to Penthouse.
You are going to need that subscription so that you can read the answer to your letter: "Dear Penthouse, what methods and techniques has the pornography industry come up with to ease the constant pain of continual forced anal entry?". See, if you don't have a subscription, you might miss their response. You are going to need that. There might be creams and jellies you will need to buy.
Seriously, you are going to pay more in slippage than you will possibly save. You might have so much slippage that you will have no idea in the end how your system actual trades. You are putting odds that you can control against you.
I thought I read that IB has re-instituted odd lots at the NYSE .. so I would guess that between that and the gobs of NASDAQ ECNs you might have a shot at doing what you want to do.
Even with something like Datek at least they might try in some respect to get you a decent fill. Ripping off aside, I cannot imagine what the fills would be like from a place like that.
Do not, for one second, underestimate the brokerage industryâs ability to somehow make money off (not âwithâ but âoffâ) a one share trader. I would bet they can do it. They are ingenious when it comes to this stuff.
Does your system employ stops as well? With odd lots and a broker who is only going to execute you at whatever little rip-off shop they have a deal with?
If so, I would highly suggest you save $20 or so for a subscription to Penthouse.
You are going to need that subscription so that you can read the answer to your letter: "Dear Penthouse, what methods and techniques has the pornography industry come up with to ease the constant pain of continual forced anal entry?". See, if you don't have a subscription, you might miss their response. You are going to need that. There might be creams and jellies you will need to buy.
Seriously, you are going to pay more in slippage than you will possibly save. You might have so much slippage that you will have no idea in the end how your system actual trades. You are putting odds that you can control against you.
I thought I read that IB has re-instituted odd lots at the NYSE .. so I would guess that between that and the gobs of NASDAQ ECNs you might have a shot at doing what you want to do.
Even with something like Datek at least they might try in some respect to get you a decent fill. Ripping off aside, I cannot imagine what the fills would be like from a place like that.
Do not, for one second, underestimate the brokerage industryâs ability to somehow make money off (not âwithâ but âoffâ) a one share trader. I would bet they can do it. They are ingenious when it comes to this stuff.