Quote from Dustin:
Today is really slow so far so I was looking over some stats for year to date. The fees really suck, but hopefully over the years they will continue to drop.
Up days =72%
Avg Up Day = $1064
Avg Down Day = $797
% Commissions of Gross = 27.5%
% All Fees (Comm/SEC/ECN) of Gross = 44%
% of Days >$1k = 35%
% of Days <-1k = 7.5%
And today's results are attached...
I'm even worse, haha.
Last month commission was 50.5% of gross, and all fees were 57% (I dont trade much nasdaq)