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Re: Train Guy post# 256431

Saturday, 06/12/2004 3:51:13 PM

Saturday, June 12, 2004 3:51:13 PM

Post# of 704041
TG,

My thoughts exactly. I have several accounts that charge /trade commission, and several that charge /share. I tend to do my daytrading in the /share accounts because I can ease into and out of positions in smaller increments (looking for those elusive tops and bottoms) at lower total trade costs.

For example, if I want to establish a 3000 share position in 3 increments in an account that charges /trade, my total commission (buy and sell) would be about $90 ($15/trade). The same action in a /share account would run $45 total ($7.50/trade).

Works for me!

N2B

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