? if you trade the same dollar amount the realized profit amount is exactly the same. it has nothing to do with the price of the stock
the liquidity will not be the same it will trade wider and looser. rebate traders will have no choice but to move on from this stock.
It has everything to do with the price of the stock. The same style of trading will not apply to C at $45 that it does at $4.50. The volume will also be only 10% of what it's doing today. You will not be able to trade it the same way, nor make the same kind of money trading it.
That's not necessarily true. A lot of scalpers such as myself profit more from the spread than rebates. I don't do much rebate trading at all anymore actually.
True, but look at the inside liquidity on the bid and offer on a QQQQ or MSFT compared to a C. World of difference. It takes a *LOT* more size to punch through to the next level on C than in those other stocks too. It's completely different.
The C traders will just move on to another stock to trade. ALU, S, SIRI.....they will choose one of them and move on. This really won't change what they do, will just have to do it with a new stock. But they absolutely won't be able to trade C after May 6th. At that point you will see a huge volume spike in one of the above stocks. These prop firms that trade C will adapt and move on. Probably not really a big deal.
Well ALU and S don't have anywhere near the volume. I think they are f*cked. But that is just my opinion. I'm often wrong.