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Strategies & Market Trends : Technical Analysis - Beginners

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To: Chris G. who wrote (7630)1/7/1998 5:59:00 PM
From: Loren  Read Replies (1) of 12039
 
Chris -

I do. Here's how I came up with a number...

a. Go through your recent trades, calculate an average $/trade (total amount invested).
b. Calculate an average trade price ($/share).
c. From those, and your broker's cost table, calculate your typical commision ($/trade).
d. Divide a. by b. to get your average trade size (share/trade).
e. Divide c. by d. to get your average commission per share ($/shr).

Mine is about $0.11/share, too high! I am pondering moving my money to one of these brokers who practically pay you for trading!:-)
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