Is there a difference in your commission for a higher volume account?
For example, Id I gave you my api key to one of my accounts, letting you trade with 10k USD to start, will you take the same commission from me as you would an account with $500.00 ?
-Charlie
Charlie,
I will answer this question for both performance and account commission:
1. Performance commission - My performance commission is based on the bitcoin I was able to generate in your account. I am trying to generate BTC profit for individuals who are following our trading account.
2. Mt. Gox commission - this is for your account and varies with your volume, but my performance commission is after your Mt. Gox commission. So my performance incentive is your gains net Mt. Gox commissions.
I prefer accounts to be opened in bitcoin. My performance commission is based on the bitcoin I generated in your account. At the end of a trading cycle, I will "flatten" my positions by buying bitcoin so if your objective is to maximize USD, I would suggest different trading programs.
Ok, I may open a new account and buy 1000 BTC to start, have you started the cycle yet?