$

I mentioned previously that Empire Avenue charges 11% or more for trading someone a multiple times in a day rather than the 5% you pay on a first trade. I feel it is important that people know that, but let’s look at the impact of waiting a day. As of last night, my stock price was $26. The extra 6% commission on a trade would cost $1.56 a share. Meanwhile, my stock price rose about $16 last week, about $2.28 per day. So, on an expensive, slow moving stock, it pays to wait, but on a fast moving one — jump.

RZR on Empire Avenue
To Tumblr, Love PixelUnion

We're updating Fluid!

Soon, we'll be updating the look and feel of this theme. Read about the changes here. You can easily turn off this notification in the theme customization panel.

Close