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I want to buy 300 shares of MetLife.
Sure, and welcome to E-trade headquarters. MetLife is on NYSE and its stock symbol is MET.
The price of one share of MET is $50.63. I charge 1.5% per trade.
I want to buy it because they just confirmed their dividend amounts for 2015.
This means that I will invest $15,189 in MET.
Plus a fee of $227.84. This means you will spend a total of $15,416.84.
6 Months Later
Hi, I heard that their CEO is a murder suspect in a case, their stock is due to drop soon. I want to sell my 300 shares of MET for $65.05 each. For a total of $19,515.
Since I charge 1.5% per trade. The fee for this trade is $292.73. This means you will only get $19,222.27.
My total profit is $3,805.43.
Pleasure doing business with you.
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