How many round-trips did you make with SPY? 7000 in and out or did you trade 500 shares 14 times? I just bought some xiv ..holding it overnight ..
I made 8 trades. Am I better of at Etrade? I am at Interactive Brokers -- the actually commissions to IB are reasonable. But they breakdown the charges to mandatory FINRA fees etc. I am not sure if at Etrade the $9/trade includes all the regulatory charges. If it does, Etrade would stand to make a loss if someone puts in a large number of shares, wouldn't it? I am in cash for tonight. A little confused on whether 5k will happen again or not.
8 trades so break it down... Even if you did 8 trades total at Ameritrade which I believe it doesn't matter the amount of shares traded that would have cost you Approximately $80 bucks You went in 7000 shares each time and out which is 4 round trips 8 trades total...if you make enough trades and have a sizable account figure to bring to scottrade...etrade or Ameritrade they will bring pricing per trade down....you can also go to a few other trading platforms that offer 4.95 a trade. I never signed up for interactive brokers...went with Mbtrading which now offers $4.95 a trade which your trades today would have cost probably! 40-$50 bucks....spending hundreds of dollars on the amount of trades you made today isn't worth it....switch out to another broker ...
why "trade"??? wtf is the point??? Just buy leveraged index longs.. go full margin, buy long NQ/ES/YM futures... write some put options and HOLD ON for FREE MONEY with ZERO RISK $$
Big buying opportunity this morning....futures off 60 on the Dow....im surprised by 2 days of buying opportunities ...this is the chance to buy yet again...the markets are going to continue to skyrocket..