Originally Posted by
JTH
For those of you that don't know, I'm getting killed on my transaction cost.
If cost 13.95 a trade, so if I buy & sell something, I have to to gain 27.90 before I start to make profit. :mad:
For those of you who think I'm crazy, I chose this account because it cost 50 dollars to open it, and I already do all my banking with USAA.
The good news it says once I "Execute 25+ trades/90 days" the price goes down to 5.95
In the meantime, I'm getting killed here trying to pick positions...