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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (43134)	1/5/2001 8:29:21 AM
From: SE	Respond to of 44573

I do about 60. If I do more than that the results suffer. That is about 3 rounds per day. Nothing big. But it adds up. Even without ramping up to multiple contracts, consider this. At $22.24 per trade with ZAP fees are $16,012.80 per year. At $9.98 per trade with Riefler fees are $7,185.60 per year. That savings is one hell of a Disney trip for the kids. Heck, when I ramp up to my full plan of 10 minis per trade, the savings are huge. Regardless of the line they feed us, fees are very important and make up a significant hit to the bottom line. Issue, as always, is to be certain the level of service does not drop off. That is my problem with IB at this point.