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commissions as % of your account value in 2006
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less than 0.01% 2 7.41%
less than 0.1% 1 3.70%
less than 1% 2 7.41%
less than 5% 7 25.93%
less than 10% 4 14.81%
less than 25% 1 3.70%
~25% or more 10 37.04%
Total: 27 votes 100%
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shortie
 

Registered: Apr 2006
Posts: 3649

 

01-13-07 09:17 PM

how much did you pay in commissions in 2006 relative to your average account value for that year?

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IronFist
 

Registered: Dec 2005
Posts: 1509

 

01-14-07 04:57 AM

Less than 0.01%. But I only made two round trips last year

Now, paper trading, then it would be way higher.

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candletrader
 

Registered: Jun 2001
Posts: 4587

 

01-14-07 09:19 AM

I don't the exact % but it is absolutely tiny... that's one advantage of position trading I suppose i.e. apart from absorbing trading losses as a cost of business, everything else [commissions, data etc] is, proportionately, a negligible cost of doing business...

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Hook N. Sinker
 

Registered: Apr 2005
Posts: 1497

 

01-14-07 11:40 AM

I do not know exactly but a rough estimate is less than 0.15 %. I find slippage cost to be much greater than commission. I am a long term position trader.

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