I've paid over $60,000 in commission the last few weeks and im done

Discussion in 'Trading' started by balckagroop, May 9, 2020.

  1. Yap...
    I also found it weird his quest of “Private Broker account” ... and the fact that he did not approach TDA to renegotiate his commission rates— I have done it very successfully with a much much smaller volume ....
     
    #71     May 10, 2020
    ironchef and taowave like this.
  2. $60k is
    For those of us that don't trade futures, would 200 lots be the same as trading 10,000 shares of AAPL?
     
    #72     May 10, 2020
  3. I have negotiated it... down to $1.0 on their side. What is yours?
     
    #73     May 10, 2020
  4. That is perfectly fine. If this is that important you can watch me stream and see my lots being sold and bought in real time.
     
    #74     May 10, 2020
  5. ironchef

    ironchef

    Agree. I am a small potato relatively to OP's big account yet when I called Schwab, they reduced my options commission from $0.25 per contract to $0.00.

    As I suggested in my prior post, OP should have a conversation with TDA.
     
    #75     May 10, 2020
  6. you started at 25 cents? I had my options reduced from 65 cents to 25 cents, and my futures from $2 or whatever it is by default to $1
     
    #76     May 10, 2020
  7. Overnight

    Overnight

    I'm not privy on the stock futures thing totally, but last I recall, 1 stock future is 100 shares of the stock. So 200 contracts on AAPL futures would be 20,000 shares. That's a lot of shares on leverage.
     
    #77     May 10, 2020
    JesseJamesFinn1 likes this.
  8. Where do you stream your trades? I'm not a doubter (what's the point?), but would be interested to see what someone's workflow looks like when they're trading at your volume.
     
    #78     May 10, 2020
  9. posted the link a few pages ago its on discord
     
    #79     May 11, 2020
  10. p0box4

    p0box4

    It doesn't work like that, 1 stock option is 100 shares. There are no futures for individual stocks.
     
    #80     May 11, 2020