Sign-up for our 21 day free trial!

The contents on this page are a small sample of StockTradersHQ's member resources (FREE Trial!)

1. Our staff of professional technical traders analyze 1,000's of potential stocks every day to provide you with a list of stock picks with the greatest potential for explosive gains.

2. These stockpicks are traded with our real-time portfolio. Email alerts are sent for every entry and exit. Through the member-only website, you will have our support every step of the way.

3. Our subscription service provides all the resources, stock picks and tools an investor needs to make very profitable, consistent trades while maximizing gains and minimizing losses.


The Cost of doing Business

The Cost of Doing Business
As we begin a new year you should consider setting up your trading activity into a small business if you have not already done so.  The beginning of the year is always the best time to set things up and tonight we will talk about the cost of such a business. 

Every business person knows if you plan to launch a new business no matter what type of business it is a restaurant a semiconductor firm a beauty salon or a stock trading business you will have certain costs associated with conducting your activity.  A business normally has expenses such as paying the rent payrolls for employees raw materials electricity etc. These are costs directly or indirectly connected with the product or service produced by the company. 

We as traders also have to deal with the various costs associated with this business.  The costs we are familiar with are slippage and commissions but there are other costs that you may not realize are part of operating your trading business.  There are costs directly associated with technology. Depending on how active you plan to be the computer system you use will be an important asset. If you plan to trade for a living do not try to save a buck by buying the cheapest PC system you can find or the one that is on sale the week you are looking for one.  Your computer system is your life line when trading stocks.  You will also need a good trading platform such as Esignal TradeStation Interactive brokers or Cyber Trader to name a few.  Your internet connection is even a cost of doing business.  These typically fixed technological costs have to be factored in your business plan because they are part of your overhead. 

The variable costs are the commissions and slippage.  These costs will depend on the level of activity you have with your business of trading. The repercussions of commissions and slippage into your overall cost of doing business will depend on the style of trading you perform and should be considered in your trading plan. 

Commissions and slippage levels become more critical to the very shortterm oriented microscalper who performs dozens of transactions on any given day and looks to make a small gain in each one. As the timeframes you trade become longer (intraday swing trade or longer term trade) the costs of commissions become less relevant since you are looking for a several point move instead of a few cents. 

Last but not least consider the cost of your education.  As mentioned many times in past commentaries education is a key factor in your chances for success in this business. Invest your time and money in a proper education and it will pay off big for you over the long run.  It is part of doing business as a trader.  Your $49 a month to STHQ is an example of this education cost and has to be factored into your costs of your trading business.  We feel what we offer is well worth the price and will be more than made up 100 times over in education you will learn trading with us. 

The point is do not waste your time or money trying to cut costs spend your time becoming more profitable.  Ultimately it is your proficiency as a trader which will make these costs more or less relevant. I have never heard a successful trader complain about the cost of doing business.

Copyright 2003-2006 StockTradersHQ.com is owned and operated by The Winners Edge a subsidary of DMC Systems LLC. All rights reserved.   This web site is optimized for Internet Explorer 5.0 or greater!DISCLAIMER  [Articles| Bulletins| Charts]

^GoTo Top^

Buy Outlet Canada Goose Jackets Parka Online Buy Replica Prada Clutch Bags Online Buy Replica Hermes Birkin Bags Online Buy Replica Celine Clutch Bags Online Buy Replica Christian Louboutin Shoes Heels Online prada bags replica celine bags replica christian louboutin shoes replica hermes birkin replica canada goose jackets outlet Replica Canada Goose Jackets Parkas Coats Vests Outlet Sale Replica Hermes Birkin Bags Kelly Handbags Replica Prada Clutch Bags Messenger Handbags Outlet Sale Replica Celine Luggage Tote Bags Replica Christian Louboutin Shoes Heels Sandals Pumps Outlet Sale Canada Goose Jackets Sale Prada Mini Luggage Tote Bags Sale Hermes Birkin & Kelly Bags Sale Celine Mini Luggage Tote Bags Sale Christian Louboutin Shoes Heels Sale Celine Bags Luggage Tote Mini Outlet Sale Prada Bags Clutches Purses Outlet Sale Canada Goose Jackets Outlet Sale Toronto Christian Louboutin Shoes Boots Outlet Sale Hermes Bags Birkin Purses Outlet Sale Canada Goose Jackets Canada Goose Jackets Outlet Authentic Canada Goose Outlet Buy Canada Goose Outlet canada goose outlet cheap canada goose sale Canada Goose Online Jackets Canada Goose Parkas Outlet Buy Canada Goose Parkas Cheap Canada Goose Jackets Canada Goose Outlet online Cheap Canada Goose Men Jackets canada goose cheap canada goose men outlet canada goose outlet canada goose jackets sale Official Canada Goose Jackets Men Online Shop Official Celine Bags Luggage Tote Mini Online Shop Official Prada Bags Luggage Tote Online Shop Official Hermes Bags Birkin 30Cm Online Shop Official Christian Louboutin Heels Shoes Online Shop Designer Christian Louboutin Shoes Heels Sale Outlet Designer Celine Bags Luggage Tote Sale Outlet Designer Hermes Bags Birkin Sale Outlet Designer Prada Bags Messenger Sale Outlet Designer Canada Goose Jackets Men Sale Outlet Cheap Canada Goose Parka Canada Goose Jackets Online Hermes Bags Birkin replica Prada Bags Clutch Sale Replica christian louboutin shoes outlet Canada Goose Men Jackets Outlet celine Luggage Tote bags Canada Goose Outlet Store canada goose outlet Hermes Birkin Handbags Outlet Sale Celine Handbags Trapeze Outlet Christian Louboutin Shoes Outlet Sale Prada Handbags Clutch Outlet Sale Canada Goose Parka Outlet Sale canada goose mens parkas Christian Louboutin Shoes Outlet Celine Micro Luggage Tote Bags Outlet Canada Goose Jackets Men & Women Outlet Prada Clutch Bags Outlet Hermes Birkin Bags 30Cm Outlet replica hermes bags, celine handbags, replica louis vuitton bags, canada goose outlet toronto factory, Replica Canada goose jackets Canada Goose outlet Canada Goose Parka small louis vuitton deals Moncler Femme Pas Cher salvatore ferragamo Newest woolrich moncler ski homme ĘC moncler ski prix Canada Goose sale online