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Old 06-07-2007, 12:25 PM
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Re: Smaller profits yields better results?
Quote:
brownsfan019
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commissions are important when taking 1.25 on the ES. That's for sure. My current negotiated rate is under $3.00 round trip and that will be changing soon after the broker sees the trading over a longer timeframe.

As time progresses however, I will have to look at just getting a CME seat for purposes of lower fees. If anyone has info on this, please start a thread!!
1.25pt on the ES is 5 ticks, right? At $12.50/tick, that's $62.50 gross profit per contract before commissions.

Let's say, for the sake of argument, that your rate is $3 r/t all-in per car.

That's $59.50 net per contract. So then, what is the RRR on your setup that would lead you to seek an even lower commission?