The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online
#281 - Commissions Are Less Important When Compared To This 1 Thing
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:07:34
- More information
Informações:
Synopsis
Hey everyone. This is Kirk here again at optionalpha.com and welcome back to the daily call. Today, we’re going to be talking about why commissions are way less important when compared to this one thing. The reason I want to talk about this is because I get a lot of people who email me and always, the sob story is around commissions. Now, don't get me wrong. Commissions are a part of trading, but it's a cost to doing business. It's like emailing me and telling me that my commissions are too high on my electric bill. I get it. You can reduce the cost of your electric bill, you can reduce the cost of your commissions, but ultimately, it's a cost of doing business. Now, this even means it's a cost to doing business when it comes to free broker platforms like Robinhood. Now, I know I harp a little bit on Robinhood because I think that although it is a free broker platform and everyone likes to gravitate towards it, there is a cost to go towards the free type commission model and when it comes to speed and technol