Discussion in 'Trading' started by shortie, Jan 13, 2007.
how much did you pay in commissions in 2006 relative to your average account value for that year?
Less than 0.01%. But I only made two round trips last year
Now, paper trading, then it would be way higher.
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...
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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