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Search: Posts Made By: Big Mike
Forum: Brokers January 9th, 2014, 12:22 PM
Replies: 46
Views: 50,764
Posted By Big Mike
I am not a fan of brokerages that give different...

I am not a fan of brokerages that give different people different rates. And I don't mean person A trades 10 turns a month and person B trades 500 turns a month. I mean two more or less equivalent...
Forum: Brokers January 9th, 2014, 01:02 AM
Replies: 46
Views: 50,764
Posted By Big Mike
SMCJB Apparently "clearing" fees aren't exchange...

SMCJB Apparently "clearing" fees aren't exchange fees. I dunno about legality. I am just making people aware of tactics used in the industry.

Sent from my LG Optimus G Pro
Forum: Brokers January 9th, 2014, 01:00 AM
Replies: 46
Views: 50,764
Posted By Big Mike
SMCJB My post was not directed at you. Sent...

SMCJB My post was not directed at you.

Sent from my LG Optimus G Pro
Forum: Brokers January 9th, 2014, 12:23 AM
Replies: 46
Views: 50,764
Posted By Big Mike
Let's say broker A quotes 4.00 RT commission...

Let's say broker A quotes 4.00 RT commission including exchange fees.

Broker B quotes 3.80 RT commission including exchange fees.

You would think broker B is cheaper.

But actually, broker A...
Forum: Brokers January 8th, 2014, 11:22 PM
Replies: 46
Views: 50,764
Posted By Big Mike
Commission shopping w/brokerages

For those that commission shop brokerages, see below. BTW, I would advise against commission shopping brokerages because it's akin to asking to be launched into space by the cheapest bidder. ...
Showing results 1 to 5 of 5

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