Quote from lescor:
What if you do it a few hundred times a day? Then a dollar here and there might add up.
Obviously the higher your trade volume and frequency, the more important commission rates become. There are legions of traders working strategies with very thin margins and a major part of their edge is their commission rate.
Lescor is absolutely correct. If one does 10 or 15 million shares a month every .001 begins to add up to real money over the course of 220 trading days.