NYSE orders that are not marketable orders (ie, > 5 mins). If they don't charge you extra for billables, I'll find this suspect.
I believe that when adding the commissions to get in and out of a trade they should never be more that the minimum spread, at least for scalpers not, so now with pennies it is obvious that commissions have to go way below 1 cent. Before if you trade 1000 shares lot you would make $62.50 on one tick and that would cost you $30 to enter and exit the trade, Now if you are paying $15 in and out and you make one tick you are loosing $5. And i reapeat that it is obviously more important for scalpers then for other strategies. One more thing that i agree totally with Samba is that costs have to be in proportion to the labor and risk of a trader and firm. I know of some cases firms do run bigger risk with some traders then i think it's fine to charge according to risk but if there almost no risk for the firm why would they make big $$, from a risk averse client.
Samba, All you do is antagonize people on here. Who cares how much commission others pay..... As long you feel you are getting a decent deal. You are abusing this board ALL weekend with nonsense. Must you always have the final word? Are you an expert on every PROP firm? I thought you were normal at first, but after reading your last 10 BULLSHIT posts.........you really need help. NOBODY gives a SHIT about what commission you pay on bullets or who is lying about what they pay. You have not added ONE constructive post on here.....EVER. GET A LIFE. Your good friend, ebo
Sambatrade, I have to CONGRATULATE you for sticking up for the experienced trader. You've been taking a beating here lately, and it's pretty obvious who is upset. Most traders right now are feeling the squeeze due to the tough trading environment, and their egos have taken a big hit in the last few years. They are usually being told by their firm that they need to improve their trading, and because they are already feeling down, many of them will put all the blame on themsevles and not look for other solutions. Trading is obviously a business, and when times get tough, a trader needs to do what every business does: LOOK FOR WAYS TO REDUCE COSTS!!! I can personally verify that the deals you are quoting do exist, but you have to do a little digging to find them. Regards, Slave2Market
It is about time that Sambatrade gets off this thread. The truth is, by seeing how much time he wastes all weekend long putting crap on this site, he will come back as another (probably 3rd or 4th) different name. I congratulate Caliber and others for shutting him up. Like I said in the past, get a life and learn how to trade. Please stop with your garbage comments and worry about yourself. Stop giving out bullshit information all of the time.