Showing posts with label trading cost. Show all posts
Showing posts with label trading cost. Show all posts

Friday, September 7, 2012

Keep your trading (or transaction) costs down

The cheapest online brokers' charge 0.05 percent in commercial brokerage, and most major banks, three times more. So if you do not use the bank's consulting, you should go for the cheapest prices.

In stock trading one often tends to only focus on whether a stock can be sold at a price higher than it is purchased for.