commissions as % of your account value in 2006

Discussion in 'Trading' started by shortie, Jan 13, 2007.

commissions as % of your account value in 2006

  1. less than 0.01%

    2 vote(s)
    7.4%
  2. less than 0.1%

    1 vote(s)
    3.7%
  3. less than 1%

    2 vote(s)
    7.4%
  4. less than 5%

    7 vote(s)
    25.9%
  5. less than 10%

    4 vote(s)
    14.8%
  6. less than 25%

    1 vote(s)
    3.7%
  7. ~25% or more

    10 vote(s)
    37.0%
  1. how much did you pay in commissions in 2006 relative to your average account value for that year?
     
  2. Less than 0.01%. But I only made two round trips last year :)

    Now, paper trading, then it would be way higher.
     
  3. 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...
     
  4. 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.