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Re: popeyej post# 803

Friday, 02/09/2007 8:49:15 PM

Friday, February 09, 2007 8:49:15 PM

Post# of 15261
Thanks Popeye, I know this is a POS company, hoping to get a little gain in a bounce off the bottom, I will cut my losses quickly if she doesnt start to move up early next week.

I am trying to increase my amount of trades so I can reduce my trading fees. Last time I didnt hit my quota (30 trades)and paid 29 bucks a trade, if I trade enough, I only pay 9.99 a trade.

So even if I lose a couple hundred bucks on this, I will still be ahead by hitting my trading quota.

Sounds stupid, but it works out in the end...

For example:
25 trades at $29 = $725 in fees
30 trades at $9.99 = $299.70 in fees

Not alot of good options out there for Canadian traders.

Just my opinion...


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