sam_23

@sam_23 just became a fully transparent trader today!

Alpha_Omaga
Alpha_Omaga Sep 29, 16 1:46 PM

I am using a practice account with Marketwatch; it allows me to start with 100k and I am using a marginalized account. It jumps to 200k; in three days, I am making more than 11K, but this is only a practice account. I am still worrying about the commission since I am trading all the time.

Alpha_Omaga
Alpha_Omaga Sep 29, 16 1:48 PM

With either Scottrade or ETrade, both right around $7 to open a position that is $14 for then entire transaction...that is 14% right out the bat. I just do not know how much can one really trade when the fees are 14%!

Alpha_Omaga
Alpha_Omaga Sep 29, 16 3:41 PM

Thanks Sam! It made a lot of sense when talking about profits, but with interactivebroker, 1000 shares = $5, therefore, 5000 shares = $25, I think I have decided to go with Scottrade, $7 flat. No more practice account for me.

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