Talk of The Villages Florida - View Single Post - Trading online vs using a broker
View Single Post
 
Old 10-17-2013, 08:32 PM
gustavo gustavo is offline
Senior Member
Join Date: Aug 2010
Posts: 304
Thanks: 0
Thanked 2 Times in 2 Posts
Default

Quote:
Originally Posted by rubicon View Post
Two poster listed their costs per trade $7.00 and $9.99 respectively.

I am just curious as to what the costs are per year and if these posters have
computed that amount to a %?

On the other side of the equation have these posters compared their return compared to say a $500 S&P Index Fund?

If traders are beating what I am experiencing I ,ay well stat do my own trading
When I buy $100k+ of an ETF or stock for $5 at ETrade the % cost for the commission is insignificant. Also, any time I call up with an issue the rep usually tells me he's coding the account with 10 free stock trades. Bonds are higher $1 per $1000 bond but still insignificant IMO.