Off topic
But your comment should be a proof point for those who are constantly worried about being classified as professional trader when they bought a stock and sold in 3 months
They should relax
Off topic
But your comment should be a proof point for those who are constantly worried about being classified as professional trader when they bought a stock and sold in 3 months
They should relax
2024 IBKR:
For providing this amount of liquidity to the market, you should be getting paid instead of paying fees.
(One of my mentors manages to garner fees – at IBKR – when executing trades, usually basket trades, that provide liquidity to the market)
I’ve bought and sold a stock in one minute: usually because I pressed buy instead of sell and have to reverse it!
I personally reserve to do this kind of trade only when the underlying is extremely volatile and a mis-trade costs me at least 5% or so.
Tribute to the market gods.
On my side, last time I have checked all Cost % / total invested was equivalent to -0,16 %.
I will check again in may when I will get all the fees reports
Where do you all find this breakdown of commissions and fees?
The costs should be more correlated to transactions rather than invested funds.