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Strategies & Market Trends : KEEP IT SIMPLE TRADING / Profunds
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To: mistermj who wrote (54)2/8/2004 3:03:20 PM
From: Ken Adams  Read Replies (1) of 177
 
MJ and Electra,

I trade the Rydex Funds in my IRA with Schwab without a brokerage fee, IF I leave the position alone for 180 days. Since I don't like that restriction, I rarely trade there. I also have an account directly with Rydex where there are no commissions involved. I can also go in and out as often as I like without restrictions. Rydex also lets you trade twice a day with some of their funds. The downside for some would be their requirement of keeping the funds in the account at, or above $30,000 (if memory serves). If they drop below that amount, they simply close the account. I can also trade up to about 15 minutes before the close.
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