How Bid-Ask Spreads Influenced My Trading Profits Negatively

Commissions and slippage might ruin your trading strategies. The market offered a nice opportunity to show how bigger bid-ask spreads eat into your profits. This article covers the newly implemented 5 cents spread in certain stocks and how that has influenced my trading profits negatively. Why bid-ask spreads increased On October 3 in 2016 SEC…

How To Minimize Slippage And Commissions When Trading (MOC and OPG orders)

Lately, I have done some research trying to develop some new daytrading strategies. I have tested many trading strategies that buy or sell at the open (OPG). The exit has been after two hours or on the close (MOC). There are two huge advantages to using OPG and MOC compared to exiting during the rest…

Commission Costs

Commission Costs

Trading is very difficult. Not only is it difficult to find profitable strategies, but you also have to overcome slippage and commission costs. Slippage is difficult to estimate. Commissions costs, however, are easy to calculate. Personally, I pay .001 per share in clearing plus ECN rebates and taxes/fees. So far in 2012, I have paid…