Thread: The Technicians Account Talk

FYI,

That last trade transaction costs me 43% of the earnings in commission/administrative costs at TSP. Extremely high commission rates if you ask me!!!:X Or TSP is not getting the initial/final fund price right when they make the calculations.:?

I believe I would be checking your transaction costs to your earnings per trade and notify confirm@tsp.gov when you require an answer to why it costs so much to trade.

:^

The Technician

never mind....never mind rescend that last message....oh its too early, my brain is not in gear!!!!

Wow.....I'm barely awake this morning.....still I'm surprised by the high cost to trade. In my other market accounts it would cost $25.00 or less to trade the amount I traded.....it was over $500 to trade in and out of the C and S funds in the TSP.

Well in any case after yesterdays transactions, I'm up 5.25% before trade costs for the year......over 4% since mid March...

Its been a tough market to invest in this past month....I've been lucky.....

Hoping all of youare doing well.



The Technician

Care to share you buy/sell signals for the CSI?

Well after 14 years of trading(I've taking my losses also) and analyzing the market I guess I get a good feel for the market action......I guess its accumulative in experience.

I just discovered an error since my last few posts....I meant 3% since mid - March.....



What can I say, I've had a tough morning already.......ughhhhhh!!!! I'llget my brain goingsooner or later this morning.....



The Technician

Technician,

How are you determining the trading fees? Is it charged by percentage? I thought the TSP fees were supposed to be very low relative to commercial rates.

You realize, I suppose, that others are following your trades due to your recent successes. No pressure!

NewCx

Yeah, I know....Ihave to say that I'm having to reconstruct some data from the first of the year.....so my gains are real close but not as precise to the penny.....I'm in the ballpark.... real close at least.....I suspect that as tiime goes on, my numbers will become quite accurate.....

Who is keeping the personal gain data....Pyreil?.........

I calculated my trade cost precentagesfrom the gain of the share prices over the period verses what TSP put in my account.

percentage of cost is:

100*((my new account value )/((my previous account value * % gain in share priceduring period) + my previous account value))

And of course the actual trading cost is:

((my previous account value * % gain in share priceduring period) + my previous account value)) - my new account value



It really opened my eyes this morning on how much they are charging for trading.........its no discount brokerage I can tell you that....



I think the formulas above are correct

The Technician

The Technician wrote:

FYI,

That last trade transaction costs me 43% of the earnings in commission/administrative costs at TSP. Extremely high commission rates if you ask me!!!:X Or TSP is not getting the initial/final fund price right when they make the calculations.:?

I believe I would be checking your transaction costs to your earnings per trade and notify confirm@tsp.gov when you require an answer to why it costs so much to trade.

:^

The Technician

Personally I think you still have cob webs. To say it costs $25.00 to trade outside and then compare the tsp to what your gain in share price is like taking two different ways of accounting and trying to say there is something wrong with the system. I think your formulas have no merit because your not comparing your outside trades in the same manner. Here is something else to think about how many times do you trade for $25.00 when your at a loss in the outside market. I bet very few. Currently your in a down trend. So what if your in an up trend. TSP does not charge per trade as far as I have seen but there is some very low fees to maintain our system.

cowboy wrote:

The Technician wrote:

FYI,

That last trade transaction costs me 43% of the earnings in commission/administrative costs at TSP. Extremely high commission rates if you ask me!!!:X Or TSP is not getting the initial/final fund price right when they make the calculations.:?

I believe I would be checking your transaction costs to your earnings per trade and notify confirm@tsp.gov when you require an answer to why it costs so much to trade.

:^

The Technician

Personally I think you still have cob webs. To say it costs $25.00 to trade outside and then compare the tsp to what your gain in share price is like taking two different ways of accounting and trying to say there is something wrong with the system. I think your formulas have no merit because your not comparing your outside trades in the same manner. Here is something else to think about how many times do you trade for $25.00 when your at a loss in the outside market. I bet very few. Currently your in a down trend. So what if your in an up trend. TSP does not charge per trade as far as I have seen but there is some very low fees to maintain our system.

TSP has no transaction fees. The Administrative/Management fees are built into the daily closing share prices and only amount to about 60 cents per $1000 of account balance(annually). The number of trades does not effect that number. You can verify the fee structure on the TSP website. I think you need to recheck your numbers. :^

Yep, I didn't get out of bed on the right side this morning.....I'm currently rechecking numbers now.....

I may have made a mistake in setting up an excel file here recently....:s

This whole thing could have been a mistake!!!:shock:

DA#$%^#@!!!!

The Technician....

Dogdaddy wrote:

cowboy wrote:

The Technician wrote:

FYI,

That last trade transaction costs me 43% of the earnings in commission/administrative costs at TSP. Extremely high commission rates if you ask me!!!:X Or TSP is not getting the initial/final fund price right when they make the calculations.:?

I believe I would be checking your transaction costs to your earnings per trade and notify confirm@tsp.gov when you require an answer to why it costs so much to trade.

:^

The Technician

Personally I think you still have cob webs. To say it costs $25.00 to trade outside and then compare the tsp to what your gain in share price is like taking two different ways of accounting and trying to say there is something wrong with the system. I think your formulas have no merit because your not comparing your outside trades in the same manner. Here is something else to think about how many times do you trade for $25.00 when your at a loss in the outside market. I bet very few. Currently your in a down trend. So what if your in an up trend. TSP does not charge per trade as far as I have seen but there is some very low fees to maintain our system.

TSP has no transaction fees. The Administrative/Management fees are built into the daily closing share prices and only amount to about 60 cents per $1000 of account balance(annually). The number of trades does not effect that number. You can verify the fee structure on the TSP website. I think you need to recheck your numbers. :^

Lets see if you have $100,000 in TSP and it costs $.60 per $1000 this would mean if you take 100times $.60=$60 for the whole year and you can have as many trades as you want. Beats $25.00 every time the way I been trading. I'm getting a very good deal.Take the $.60 and divide by $1000.00 and you should get .0006 that is your fee.If anyone outside canfind a cheaper rate letme know.I hope you don't take offense to this Techy but this is what I see.