The Night Effect

What transaction costs? Buying 100 shares of stock (including ETFs) with IB is like $1 for me most times. So buying or selling (short) 100 shares of TQQQ, controlling ~$2127 of notional equity, would cost like $1 no? And that's for retail. Sure seems a very small transaction fee, like .047%, or double it to .094% for a round-trip trade. What am I missing?

Good to see you post again Rickshaw Man!

Not only fees... slippage as well.
 
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