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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: RFH who wrote (7645)6/10/1999 8:22:00 AM
From: JZGalt  Read Replies (1) of 18928
 
and the commission charges at Schwab are in my opinion too high for my "cowboy" approach to AIM.

$30/trade at Schwab right?

Since you are making trades in the area of $600-$800, it seems like you are burning 3-5% of your potential profit on a trade. I don't think that is wise. Why not up the minimum trade level to get this down to 1-2% area? A minimum trade value of $1500 should do the trick.

----
Dave

PS, Waterhouse is $12/trade up to 5000 shares.
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