HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
That's exactly what happened. You pay commission on the price of the stock, not on just the gain. Math inside...
Change in stock price = 5.79
Gain on investment = 5,790
Commission paid on short = 1000 x 123.25 x .01 = 1232.50
Commission paid on cover = 1000 x 117.46 x .01 = 1,174.60
Net Gain = 3,382.90
I'm new :) help regarding shorting and cover Jun 28, 13:28
That's exactly what happened. You pay commission on the price of the stock, not on just the gain. Math inside... Jun 28, 13:39
Oh thanks, i get it now! {nm} Jun 28, 14:08
One thing that you can do is track your % gained on the stock. You know you will be charged 2% total... Jun 28, 14:31
One other thing that might help you is getting involved in a PVL League. Since you are new..... Jun 28, 14:34
Thanks you so much both of you! Jun 28, 15:09
One last thing: any league that you can recommend me? {nm} Jun 28, 15:10
See inside Jun 28, 18:02
I have learned a lot from the Port Value League. It's good to be in so you can try to beat people... Jun 28, 19:03
