Replies to post #32378 on Profunds index and sector trading (PRO)

[Namiar]

I was trading Profunds with Schwab back in late 2003/early 2004 when I first started trading off models. After getting whacked with their commissions a few times I moved directly to Profunds.
Since my account was decently into 6 figures, I got lots of calls asking me why I'm moving. I told them that they cannot hold Profunds and Rydex trading to the same commission structure as "normal" mutual funds as they are set up for daily trading.

I see they have not changed their ways.

Scalp still on for Tuesday, 28% NDX and 22% SPX.

[choad]

Kanuti....Fidelity had a no commish policy on profunds regardless of holding period?