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Do traders make more than investors?
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[QUOTE="Alexandoy, post: 202438, member: 25510"] I am not well-versed with the stocks yet particularly the commission of the broker because I have not traded yet. However, when I acquired my stocks worth $20,000 the taxes I paid was $300 and the commission of the broker was around $60. Maybe if the broker will have a lot of transactions in a day then he can get rich. However, my understanding of my broker is a company that handles accounts of stock ownership. It is like a bank that you have to create an account before the broker can service your transactions. I actually have a question about the broker if they also handle other company's stocks or if they are exclusive to my bank's stocks only. As a stock holder I don't think it is good to check on the commission of the broker because it is just like tax that you cannot avoid. No matter how much they earn from my trading then I wouldn't care as long as my transactions are done quickly. [/QUOTE]
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