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Jimmy, thanks for the feedback. Another question though. What about the
costs. Were you incurring a ticket charge (even) if you traded say 30 shares
of a particular stock.?
Colin,
I didn't trade baskets but traded odd amounts for years on line.
There is no penalty like there used to be. I used fixed dollar so my
purchases or sales would be 163 shares or 938 or 9 or 53. Didn't see
a problem.
Jimmy
Tuesday, June 10, 2003, 4:45:30 PM, you wrote:
c> Does anyone have considerable experience trading odd lot sizes (of
c> stocks)? For example, if you trade a basket it's (usually) necessary to
c> trade with capital that's great enough so that the minimum size of any
c> one stock is 100 shares. However, if you're paying ticket charges, then
c> it's necessary to move further up the ladder for it to be economical.
c> But there may be a broker that doesn't levy ticket charges and providing
c> the order has a value of say $200K will also handle odd lot sizes. (All
c> online of course).
c> Colin West
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Best regards,
Jimmy Snowden mailto:@aledobb.com
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