What were futures commision like ten years ago? It plays a big part on my algo strategy

[howruhowruong]

Like CL, NQ, ES

Were they lower?
Or were they higher?

if they get lower lower, is it because of competition among brokers?

Do the exchange fees from the CME get higher or lower?

Or are the exchange/commission fees proportional to the change in price of futures tickers?

Thank you guys

 

[SunTrader]

Forget about any algo if you don't understand the basics.

Even basics from the recent past.

And absolutely if you are using anything but tick level data to develop algo.

 

[howruhowruong]

Forget about any algo if you don't understand the basics.

Even basics from the recent past.

And absolutely if you are using anything but tick level data to develop algo.

thx man, do you trade manually and what indicators do you use, i try to learn. major thanks

 

[SunTrader]

thx man, do you trade manually and what indicators do you use, i try to learn. major thanks

I've used Tom DeMark indicators for a long time now that I believe are only available nowadays through the Bloomberg terminal.

 

[Handle123]

I use charts/volume whether 30 second or 5 minute or monthly. No indicators, learn chart patterns.

 

[Big AAPL]

Most commissions are less than one tick...then and now

 

[schizo]

Like CL, NQ, ES

Were they lower?
Or were they higher?

if they get lower lower, is it because of competition among brokers?

Do the exchange fees from the CME get higher or lower?

Or are the exchange/commission fees proportional to the change in price of futures tickers?

Thank you guys

Don't have the exact stats, but from memory, the exchange fees (which make up the largest portion of the commission) went up quite significantly over the last decade, especially after CME went public and bought NYMEX, CBOT and other exchanges. Thery're practically a monopoly.

 

[howruhowruong]

I use charts/volume whether 30 second or 5 minute or monthly. No indicators, learn chart patterns.

how do you handle fakeout, do you go back in the trade after it goes back or set a stop loss under and never look back

 

[howruhowruong]

Don't have the exact stats, but from memory, the exchange fees (which make up the largest portion of the commission) went up quite significantly over the last decade, especially after CME went public and bought NYMEX and other exchanges. Thery're practically a monopoly.

evil corps man...

 

[Overnight]

Like CL, NQ, ES

Were they lower?
Or were they higher?

if they get lower lower, is it because of competition among brokers?

Do the exchange fees from the CME get higher or lower?

Or are the exchange/commission fees proportional to the change in price of futures tickers?

Thank you guys

They were not an issue then, and they are not an issue now. See my journal for details.