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A biginners question
Hi all,
I am still learning this game.
A question passed by.
if i buy 1000 shares for 1.00 $ each, will the online broker charge me (example $ 7.00) to buy 1000 shares or will be charge me $7 on each share, if he does that then 1000x7 = $ 7000.
I am confused here.
and if i sell it then again he will charge me $7 on each share to sell it.
Logically my mind says:
he should charge $7 on any amount of shares i buy, so if i buy a 1000 shares for $1 each then the actual cost of my share is 1007 and I should be that I made more than 1014 in order to get some profit.
Sorry for this guys, as i said i am new to this game.
Thanks for reading.
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