HSX Forum

Playing & Trading Strategy

I've tested it with penny stocks and "chuckage" is 2 cents per 100,000 shares for those...

Posted by: MattW (a.k.a del_RGV_MattW) on Jun 27, 10:06 in response to Oleg Max's post I can't say for certain, but I have a feeling that if the...

You can buy 35,000 shares without any price change as long as there are no other traders doing anything with that stock.  But 40,000 shares moves the price by 1 cent and charges you that extra cent.

Is it ok to buy 25000 shares 4 times or should you just buy 100000 because when I buy all at once I always end up paying 1 to 30 cents more {nm} mishra Jun 26, 15:44

Especially on starbonds..... {nm} mishra Jun 26, 15:46

Usually save the buy or sell of 100000 shares at once when I know I need to sell it immediately or lose money {nm} mishra Jun 26, 15:58

If you spread out the buying over several minutes the chuckage is less (bonds for me up to half), depends on how much pennies you want to JDolphin Jun 26, 16:09

fast movie = fast moving {nm} JDolphin Jun 26, 16:10

Ya do the mass buy when Price change is going to jump immediately....if i stall {nm} mishra Jun 26, 16:39

if you save one cent this time you make 2 cents more next time and so forth....the power of compounding. mishra Jun 26, 23:26

I had never thought of this.. Is that why the price seems to be more when buying 100000 shares? Dorfman Jun 26, 19:55

Not sure if it is quicker or if it just has less impact srrichardson Jun 27, 03:25

I can't say for certain, but I have a feeling that if the stock was to say move 12 cents when you max long 100k shares Oleg Max Jun 27, 04:44

Good analysis Oleg Max. I'm so used to just doing one transaction thinking that will be quicker and catching before the price moves... Dorfman Jun 27, 05:20

I've tested it with penny stocks and "chuckage" is 2 cents per 100,000 shares for those... MattW Jun 27, 10:06

That's a gem, for keeping penny purchase price down (makes for better showing off, years later). I never worked it out, myself. {nm} edzep - Port Monkey! Jun 27, 14:52

That can't be true all the time, I have lots of MST purchased @ 0.01, and I only trade 100,000 {nm} KaiGee Jun 27, 15:34

Hmmm, maybe it's more complicated than just 1 cent per ~40k shares. MattW Jun 27, 16:25

I have not been able to buy at 1 cent, for several years, 100K at a time, anyway. Today edzep - Port Monkey! Jun 28, 10:52

I just did 5 Buys @ 0.01 of 100,000. I am Covering them right before that, so that might make a difference. {nm} KaiGee Jun 29, 08:55





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