Trading single candlesticks has never worked once spreads, commissions are taken into account over the long run. Brokers love candlestick traders.
I think those traing 300 000 shares a month pay .02. Smaller volume would pay .05. So IB would be 4 or 10 dollars round trip, depending. Best to double check. IB is a top pick of many pros as thet have cheap commissions and many other perks. However, yes, 14 dollars per thousand shares is for suckers.
Half a cent per share, minimum $1. So buying 100 shares is gonna be 50 cents, but it will be $1 due to the minimum. If you now sell these shares, it's another $1. Therefore roundtrip is $2.
Was going by 1000 shares and still think I am correct. .05 a share or 5 dollars one way on 1000 shares with normal monthly volume (but a 1 dollar minimum for those only trading 100 shares at a time, or less). .02 a share or 2 dollars one way on 1000 shares if doing 300,000 shares a month. They have insanely low rates for whales, like if you do 100,000,000 a month- but well... ___ I will look it up to be sure. Normally traders talk about how much per share they pay, or what their fixed ticket cost is.
$14 round trip whether 1 share, 10 shares, 100 shares, 1,000 shares or 10,000 shares.... I have not traded more than 20,000 shares, so don't what they charge beyond that #. Also, if you are a frequent trader, they have special low rate for you.
To make a living, you mean replace salary. It requires capital, imho 250k minimal. Trade conservatively to preserve capital to return 25% +-, using option premium, cap gains and dividends.
Depends on too many factors, like how much you earn and how good you are, you can do 25% week on a small 5k account trading futures. I've got 3k currently, plan to run it upto 10k+ by end March (tax year), 20% per month ie 2k is enough for me to live off, initially atleast. I've ran from less than 3k to 10k in less time.
Only on an internet forum would assuming a consistent return of 25% plus a year be described as "conservative"... GAT