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Fees are applicable per contract per round trip. So when you buy 1 contract and
sell it, your account will be debited by $20 + fees. For 3 contracts traded, it
will be debited by $60 + 3*fees. Also, if you position trade, your equity
available will be adjusted for anticipated commissions.
Yours,
Gwenn
Tony Parker a écrit:
> Mark&TC:
>
> You just raised an interesting point. My broker Saul Stone says I'm paying $20
> plus fees a Round Trip.
>
> So here's the "dumb question":
>
> I'm going to have to take a closer look at my statements, but I've been
> calculating my P& L "commissions & fees" at $20+ fees per contract.
>
> I.E. if I buy/sell two contracts then I'm charged 2 X "commissions & fees" (at
> $20+ $1-$2fees per contract) three contracts = 3X, four contracts=4X, etc.....
>
> Have I made yet another Newbie "Mistake"?
>
> Are you saying that "commissions & fees" (at $20+ $1-$2 fees) is applied
> against the overall order no matter how many contracts I buy/sell?
>
> Are you saying for instance on my order for 2 July Cocoa, I should only be
> charged $20.00 + $1.43 fees as "commission & fees"?
>
> Would someone please clear that one up for me?
>
> Tony
>
> Mark&TC wrote:
>
> > Congratulations !
> >
> > Two things...might want to consider adding to your post what you used to
> > make you entry and exit decisions and the reader digest version of your
> > thinking process. i.e.. "I used TS with the following indicators or
> > system...and I was thinking (you fill in) about making the trade, etc."
> > This is will help other newbies. Your thought and feeling process is 90% of
> > trading.
> >
> > Secondly, unless you have a very small account...under $5K you are getting
> > ripped off...you shouldn't be paying more than $25 RT total...and as you
> > progress in increasing the number of contracts you trade and/or the
> > frequency you should pay even less.
> >
> > Wishing you more success,
> > Mark Seflin
> >
> > | ----------------------------
> > | Gross Profit
> > | $ 220 minus $43.00 commissions & fees
> > | Net Profit $177.00
> > | ------------------------------
> > | Still feels like a million!
> > |
> > | If I can now do this two three times a day, I can make a living
> > | at this!
> > |
> > | Enjoy
> > |
> > | Tony
> > |
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