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If you trade Fidelity for example 4 times per day same stock ,, you pay for
only 1 time of a buy
if you sell,, same thing,,
3-4 sales of same stock,, only 1 commission,,
Ben
----- Original Message -----
From: "BobsKC" <bobskc@xxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, October 22, 2002 12:10 PM
Subject: [RT] Answer my friend
>
> Well all ... I have a friend who wrote me and asked that I pose his
> question to this list since I have told him there are some MM's here and
> other floor officials. So, here is a cut a paste of his question.
>
> "So Bob .. ask them for me why it is when I look at level II I see almost
> all 100 share amounts to buy and sell. I want to know how someone can be
> selling or buying all those tiny lots and paying commissions and still
> making a dime? I can see the floor trader showing a 100 lot just as a
> "floor" or "ceiling" but I see a heck of a lot of 100 share lots passing
by
> and just can't figure out why or who or how so how about asking your
list?"
>
> So, who would like to answer my pal? I started to but then decided that
> we have people here who can do a better job than I could.
>
> Bob
>
>
>
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>
>
>
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>
>
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