[EquisMetaStock Group] Transaction costs versus trading profits

["metastkuser" <andysmith_999@xxxxxxxxxxx>]

I can't recall exactly who (either LeBeau or Tharp) but one of them
commented that long term, most system's profits are not much greater
than their transaction costs. 

I found this to be hard to believe. At first I thought it might be the
case for small accounts. But even for the small accounts, I don't
believe this -- especially with brokerages like Interactive Brokers
($1 minimum commissions)..... 





 
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