I am with CMC, free Pro-Trader platform. Paying 0.075% fee but minimum $9.90. Saxo offers even cheaper rates, down to 0.03% but their trader platform isn't free and the lowest fee only applies to cash deposits in the AUD millions. And their platform is US focused, not as good as the CMC one from what I've been shown to explore and test.
Example: Selling 100k shares at 12c, re-entry at 10c would cost me 2x$9.90=$19.80 making a net profit of 1980.20. And I got this one 3 times with a bit fee savings, so about $5950 in savings as I got now the same number of shares as before. I am doing that trading by holding a core plus trading extra shares at 5 of my permanent stocks and am overall net free carried as I always pay taxes from that account as well. Started with $30k in 2006, lost almost all during GFC and due to Fukushima ( PEN, PENOC ) but got "reimburst" by a $multi million windfall with IMU in 2021. Now getting set to repeat the IMU success with my 2 major bio holdings IMU and CHM plus IPD, EYE and newly acquired W2V.
Patience, research, traditional business values, a trading strategy derived from Casino Roulette and the big boys algo trading plus strict money management got me in a position where I can afford to lose it all - what an embarrassment that would be - without impacting the family.
Not the fastest way to make money but one of the less riskier ones.
GLTA
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I am with CMC, free Pro-Trader platform. Paying 0.075% fee but...
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Last
8.8¢ |
Change
0.004(4.76%) |
Mkt cap ! $178.0M |
Open | High | Low | Value | Volume |
8.5¢ | 9.3¢ | 8.5¢ | $176.6K | 2.009M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 11935 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.087 |
1 | 1603 | 0.086 |
1 | 1603 | 0.085 |
1 | 601 | 0.084 |
2 | 11787 | 0.083 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 11935 | 1 |
0.092 | 461789 | 3 |
0.093 | 324100 | 3 |
0.094 | 7809 | 1 |
0.095 | 713529 | 5 |
Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
8.8¢ |
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Change
0.004 ( 5.52 %) |
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Open | High | Low | Volume | ||
8.5¢ | 9.2¢ | 8.5¢ | 393667 | ||
Last updated 15.07pm 16/05/2024 ? |
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