Hello all, I tried searching and reading up as well as comparing based on what is currently posted; but would like to see what the good folks here on ET think. Which of the tiered vs fixed commision structure is better for my current trading style; where i am trading both stocks and options on stocks (ETFs mostly), and ES futures and options on ES futures. Typically i scale in and out of my positions; so size for futures and future options is typically from 1 to 2; for stocks anywhere from 100-200 share lots (even if i have to get into or out of a bigger position i typically scale out using this size). Think 20 to 30 trades per day. PS: Just yesterday i changed my structure from tiered to fixed for futures; and left it at fixed in stock - but i am not seeing any change. So maybe i am missing something or maybe the changes have'nt been in effect yet. Hence the question.. thanks in advance! -gariki
and usually all on limit prices - either between the market or just around; so adding liquidity mostly if it matters.
Thanks xandman. I actually skimmed that thread before but reading again. i liked the idea of setting the scheme one way or another for a month and comparing. That's what i did yesterday anyways.