if one does 30,000 shares traded per day

Discussion in 'Prop Firms' started by ProgrammerGuy, Aug 4, 2007.

  1. If one does 30,000 shares per day generally how much can you neg. your per shares commissions down to?
  2. sorry should have look at the other posts
  3. Take a look at the previous post re: 1.0 mil per month. It depends on your risk management, how long you have been trading, and your overall profitability ie. do you lose money? With a solid p&l, good track record, and some experience, $5/ticket would be average. If you require more work such as training, possibly more, but even at $7.5/ticket, your commissions are negligible and if you are profitable on only 30k shares/day it doesn't amount to much $225/day + ECN's depending on the firm. Usually the break starts at 50k/day avg per month. I hope I was helpful, if anyone has more insight, I would be happy to hear more on the issue.