JC Penny

JCP has been severely oversold over the past 30 days. Early morning action has drawn me back into the counter. Went in long twice for a short term trade. As a big picture person I was never into the details like the brokerage, thinking that it is just a slight road bump on the autobahn of trading. To my dismay, I found that I’ve been charged $124 for 5,000 shares each way! Which means $500 over the course of 2 trades and 15 mins!



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s