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What are your fixed trading costs
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What are your fixed trading costs

  #11 (permalink)
Elite Member
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: IB / Kinetick
Favorite Futures: ZN
Fadi's Avatar
Posts: 482 since Apr 2012
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I only pay for Kinetick data feed, 75$ per month with CME waiver program still running and that's all.
Of course I do not count internet, electricity, hardware depreciation, and trading platform depreciation (NT7 lifetime license), etc...

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  #12 (permalink)
Trading for Fun
Nicosia, Cyprus
Futures Experience: Advanced
Platform: X_Trader Pro, TWS, CQG, Sierra Charts
Broker/Data: Interactive Brokers, Data: CQG, TTNEt
Favorite Futures: crude arbitrage, spreads, energy, grains
Posts: 191 since Dec 2013
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Expensive stuff here!!!

Data/news subscriptions (some shared), trading execution software costs and hardware upgrade accruals.

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  #13 (permalink)
Elite Member
Pittsburgh, Pennsylvania
Futures Experience: Advanced
Platform: Ninja Trader
Favorite Futures: 6E, CL, Anything that moves
Posts: 321 since Jun 2012
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People should probably also include if they have a 50CENT additional per trade cost if they use a certain softwares like X-Trader with some brokers.

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  #14 (permalink)
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OpalDragon View Post
People should probably also include if they have a 50CENT additional per trade cost if they use a certain softwares like X-Trader with some brokers.

I would count that as commission so it's excluded.

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  #15 (permalink)
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Milan Italy
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I just pay the CME fees, but the Rithmic charges on each round trip really add up if you break them out and compare them to other, flat rate data charges.

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  #16 (permalink)
Just a boy
Auckland, New Zealand
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Voted zero

Use Sierra Charts package 3 for free on the deal through AMP with TT data feed.

I also have NT Direct Edition (an early version that does include ChartTrader).

Excludes Internet, electricity and amortisation of my PC and screens.

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  #17 (permalink)
Market Wizard
Boca Raton
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futuretrader View Post
I just pay the CME fees, but the Rithmic charges on each round trip really add up if you break them out and compare them to other, flat rate data charges.

Can you elaborate? What are the other "Flat Rate Data Fees"? As far as I know, all data fees that are executable (routing) are variable cost per transaction.

The "other" data fees that I am aware of that are actually flat (DTN IQ, etc), are non executable and used for data only.


PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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  #18 (permalink)
Elite Member
New York NY USA
Futures Experience: Beginner
Platform: esignal, ninjatrader,
Favorite Futures: Stocks
Posts: 110 since Oct 2012
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I would actually like to know if there is any correlation between the money being spent and trading success. What is the annual average return ( as a percentage of trading capital) for each of groups? Said more simply; if people spending no money are losing their shirts and those spending a lot are making piles of money--well that would be something to know. Knowing how many people are frugal on Big Mikes may be interesting, but it is not that useful.

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  #19 (permalink)
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calgary canada
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I voted over $1000 but my highest trading expense is my office. I rent an office down town for $1150/mo. I have a one and a half year old running around and it's not as easy to focus in that environment so I decided to rent office space. Best move I ever made I love trading from the peace and quiet of my office. I pay around $110 for data.

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  #20 (permalink)
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Madrid - Spain
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Platform: Own supported by others
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Data feed + platform: $102
VPS: $48

Total: $150

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