Commission Levels??

[[email protected]]

I would like to better understand the Commission Level settings.

If I get a better commission rate say after I trade 500 Roundturns per MONTH and even a better rate if I trade over 1000 contracts a month, how do you set this up?

Or is it mainly designed for commission levels on a daily basis

Please advise

PEDRO

[NinjaTrader_Jason]

Hello Pedro,

You can setup a commission structure using a commission level. Please see the link below under 'How to add a tiered commission rate'.

http://www.ninjatrader.com/support/helpGuides/nt7/commission_tab.htm

3. Once you click on the "..." button, a commission level collection editor will appear. We are going to add (press the "New" button) two commission rate levels. $0.01/share for the first 500 shares and then $0.005/share for every share after that. Entering zero for the units represents unlimited shares for that commission level and should generally be the last tier. The image to the right displays this configuration.