Zappy Jones
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Posts posted by Zappy Jones
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Hey BBT fam. Might be my first post in the forums. Basically I'm wondering about the IBKR Fee setup. I just went live a couple of months ago and now that I'm in the swing of my tradebook I'm looking at my commission set up.
I am still trading small volume. 100-500 shares per trade usually. Risking $50-$100 per trade. I take around 10-20 trades per day. I am currently using fixed commission and I see that when I over trade it hits me pretty good. I'm wondering if I should switch to tiered or if tiered is for when I get to trading large volumes of shares like 1000s per trade?
Any advice is much appreciated!
Thank You,
IBKR Fixed vs Tiered
in Risk, Account & Money Management
Posted · Edited by Zappy Jones
Thank you PeterB. I will check it out.
@peterB That link was just what I needed. Thanks again for hooking me up!