Quote:
Originally Posted by Danny Z  $20 bucks is too much when you have $10,000, your stock will never appreciate beyond the price of the transaction unless you get lucky day trading but that's not investing, that's luck and wasting your day on the NASDAQ and DJA indicators all day, you need something like etrade $20 for 10 monthly transaction for it to start making sense |
Hey Danny,
I usually trade at 20 bucks per transaction and it's ok for me. E.g., at 2K USD you need 2% gain to break even. So on the long run it's not bad at all even though I agree it could be better. But of course if you put 100 bucks into a stock it doesn't make sense.
But ok let's say 2 bucks per transaction. Is that better?