HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
There is a commission on each transaction.
It is 1% of value of the trade :
500 x 76.35 = 38175$ + 1% commission (381,75$) = 38556,75$ for your buy.
Same thing for sale :
500 x 77,01 = 38505$ - 1% commission (385.05$) = 38119,95$ for sale
Total profit : Sale - Buy = 38119,95$ - 38556.75$ = -436,8$
If any question, just ask. Hope it helped,
Nomyst
Confused Apr 17, 10:47
you have to factor the 1% commission buy/sell. so you aren't making until stock is up 2%. some say 3%. {nm} Apr 17, 10:51
There is a commission on each transaction. Apr 17, 10:55
Thanks all Apr 17, 10:57
One more thing ! Apr 17, 10:59
Good to know Apr 17, 11:00