No Commission Market?

[ElectricSavant]

Anybody,

400 RT's/mo =$3.21/RT. "All in" No additional Platform or CME Fee's.*
600 RT's/mo = $3.00/RT "All in" No additional Platform or CME Fee's.*
1800 RT's/mo = $2.72/RT "All in" No additional Platform or CME Fee's.

Can I do better with AMP trading or anybody else? What would a CME lease cost me and would it be better for the bottom line?

*This is 1 contract trading and it will triple soon.

If you use the DOM then add $5.00/MO. for the CME.

ES

Simple: If you take the number of rounds turns you really do X by 2.58 (as you say) and add the $249 you will get the total commissions. Then divide that again by your round turns. If that makes sense to pay for these costs X12 upfront, go for it. There are other considerations such as latency, etc. that make an impact as well.

 

[korzes]

There thousands of strategies that could be profitable if there were no expenses.
In Futures, the biggest expense is the exchange. Commissions and data feed could be low if you choose the right API.

can you give some examples ?

 

[MattZ]

*This is 1 contract trading and it will triple soon.

I am being very sincere that if you find this group good, and your execution is good, stay with them.
Those amongst our customers who trade high volume use CTS, CQG, and TT direct platforms. Good luck.

 

[MattZ]

can you give some examples ?

Yes.
1) Many traders build systems, or may I say, hypothetical systems that have a high frequency of trading. Yet, it assumes zero cost in execution, and when you take it to the market, it's a whole different cost structure.
2) Many of the Algo systems assume that you are always filled. This is what the demo model does. You are filled on each limit on entry and exit. In reality, as any real trader would tell you, limit orders are not guaranteed to get filled.

Past the trading model, you need a lot of refinement when you take the system to the market.

 

[Robert Morse]

Anybody,

400 RT's/mo =$3.21/RT. "All in" No additional Platform or CME Fee's.*
600 RT's/mo = $3.00/RT "All in" No additional Platform or CME Fee's.*
1800 RT's/mo = $2.72/RT "All in" No additional Platform or CME Fee's.

Can I do better with AMP trading or anybody else? What would a CME lease cost me and would it be better for the bottom line?

*This is 1 contract trading and it will triple soon.

If you use the DOM then add $5.00/MO. for the CME.

ES

What part of those fees are RT commissions- excluding nfa and exchange clearing.

 

[ElectricSavant]

No commission if you pay the monthly. The way I see it...the only thing left to negotiate is the monthly or lease a seat.

The prop firm sponsors here are only interested in traders that do not have the money...they are not any less in costs at all...Mitigating loss is not a cost savings to a profitable trader.

Es

What part of those fees are RT commissions- excluding nfa and exchange clearing.

 

[ElectricSavant]

Yes "all in" PER ROUND TURN

But anything can change next year...

You could be a millionaire by then...I could be broke...Mr Morse could be famous... MattZ could win the lottery ...etc

Thanks ElectricSavant! is $2.58 RT flat?
If I trade $1k or $10k or $100k in one trade is it gonna stay $2.58?
Yes any market with an order book and api will do

 

[robthequant]

haha
That's great, so If I understand this correctly...
If my bot trades E-Mini futures and 1 tick is worth $12.50
I buy and sell 10 contracts with a market orders and if I win a tick I'll get 125.00-2.58=122.42
and If I lose a tick I'll be down 125+2.58=127.58
Is this right?

 

[ElectricSavant]

no

haha
That's great, so If I understand this correctly...
If my bot trades E-Mini futures and 1 tick is worth $12.50
I buy and sell 10 contracts with a market orders and if I win a tick I'll get 125.00-2.58=122.42
and If I lose a tick I'll be down 125+2.58=127.58
Is this right?

 

[robthequant]

ElectricSavant: could you please elaborate?