Rebate trading.

Quote from MasterRaistlin:

I'm not sure I would call it "nickel and diming". There's some guys at my branch who easily flip huge size and make more in one trade than some people do in a day here. Of course, the only way to make good coin with that strategy is if you get the dirt cheap per lot commissions that we do.


What is considered a dirt cheap per lot commission these days?
 
Quote from PnL Rally:

What is considered a dirt cheap per lot commission these days?
I guess that would be any comission that's fixed [aka not depending on the size of the lot] and below $1... + SEC fees...
 
Quote from MasterRaistlin:

I'm not sure I would call it "nickel and diming". There's some guys at my branch who easily flip huge size and make more in one trade than some people do in a day here. Of course, the only way to make good coin with that strategy is if you get the dirt cheap per lot commissions that we do.
what size blocks are they trading?
 
Quote from eusdaiki:

what size blocks are they trading?

Usually ranges from 20-100K depending on the liquidity and the stock. One guy just goes nuts sometimes and trades like 500K on JDSU. Brass balls I tell ya...
 
Quote from MasterRaistlin:

Usually ranges from 20-100K depending on the liquidity and the stock. One guy just goes nuts sometimes and trades like 500K on JDSU. Brass balls I tell ya...
that's huge alright... I've never been a friend of jdsu...

do you guys profit solelly of rebates, or do you try to adquire gross on a regular basis?


Me, Im off the rebate game for some time, I started to learn how to trade on fast moving stuff, DIA to be more specific...
 
Not really guy. I did a google search for Rebate trading, silly. The first topic was this elite post.

Whats your name? I have seen plenty of your posts.
 
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