Cost to trade futures always going up, while equities 0.00 commision.

Just as a reminder.. the main point of my thread was mainly COMMISSION+FEES.

30 bucks a month is not the problem, its trivial, the problem is most traders cannot beat
commissions and fees on a per trade basis.

Sooo, trade stocks and pay virtually nothing and give yourself a fighting chance.
 
Exhibit A. Most traders pay about 4 bucks per trade futures and take about 200
trades a month (modest)

Thats 16 ES points to break even.

192 ES Points per Year to break even. Let that sink in.

Good Luck.
 
VEGASDESERT said:
Just as a reminder.. the main point of my thread was mainly COMMISSION+FEES.

30 bucks a month is not the problem, its trivial, the problem is most traders cannot beat
commissions and fees on a per trade basis.

Sooo, trade stocks and pay virtually nothing and give yourself a fighting chance.
More...

Au contraire! By trading stocks you have a much worse tax situation as opposed to section 1256 contracts, like futures and FOPs. So the niggly little extra 15 bux per month you may have to pay trading futures, you can make with 2 damned ticks in the ES on a 1 contract trade, to pay for the increase. Whoopie F do?
 
schizo said:
It's CME, pure and simple. They are the most egregious capitalistic pigs. They will skin you alive if they could. They give special privilege to HFTs so that we small fries can be raped. On top of that, they've been increasing exchange fees (and charging for data fees) to rape us even more. Truly despicable.
More...

I expect them to be currently trying to find ways to increase fees after this Pandemic to compensate for lost revenue.

wrbtrader
 
Overnight said:
Au contraire! By trading stocks you have a much worse tax situation as opposed to section 1256 contracts, like futures and FOPs. So the niggly little extra 15 bux per month you may have to pay trading futures, you can make with 2 damned ticks in the ES on a 1 contract trade, to pay for the increase. Whoopie F do?
More...


I dont think you read my last 2 posts, dont care about 15 bucks per month.

Thats amazing that futures get awesome tax treatment...

The good news is everybody pays $0.00 tax when you lose every year
no matter what you trade.
 
VEGASDESERT said:
Lol, if I told walmart they had to pay a 25% tax on every product on there shelf
they'd be out of business.

Trading futures is like walmart, very small margin.
More...

You're assuming that every ES futures trade is for 1 tick...?
 
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