Transactions Forums Day Trade Fees & Day Trading

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This topic contains 3 replies, has 3 voices, and was last updated by TimeZone TimeZone 6 mo, 1 wk ago.

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  • #3834 Score: 2
    Transactiontrader
    Transactiontrader
    • Years Trading : 9
    • Biggest Trade: APPL
    • Location: Midwest
    • 22 pts
      Member since: 10/24/2016 #transactiontrader

    Remember your brokers will fee you many times daily when making and closing a trade. Look for increases in tax at end of year unless you don’t have capital gains.

    MurphyTimeZone
    #4089 Score: 1
    Murphy
    Murphy
    • Years Trading : 1
    • Biggest Trade: GE
    • Location: New York
    • 5 pts
      Member since: 12/12/2016 #tw569218257-2

    Remember your brokers will fee you many times daily when making and closing a trade. Look for increases in tax at end of year unless you don’t have capital gains.

    Don’t think you will get off by not paying up on transaction commissions.

    TimeZone
    #4090 Score: 0
    Murphy
    Murphy
    • Years Trading : 1
    • Biggest Trade: GE
    • Location: New York
    • 5 pts
      Member since: 12/12/2016 #tw569218257-2

    Remember your brokers will fee you many times daily when making and closing a trade. Look for increases in tax at end of year unless you don’t have capital gains.

    It takes alot of  air time trading to fill these commissions.

    #4250 Score: 0
    TimeZone
    TimeZone
    • Years Trading : 7
    • Biggest Trade: MSFT
    • Location: Texas
    • 9 pts
      Member since: 12/19/2016 #tw19203118
      550 points

    Remember your brokers will fee you many times daily when making and closing a trade. Look for increases in tax at end of year unless you don’t have capital gains.

    1. Don’t think you will get off by not paying up on transaction commissions.  

    Take into account the capital gains that add up it wont offset.

    • This reply was modified 6 mo, 1 wk ago by TimeZone TimeZone.
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