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There are no customers
There are no sales
The hours are good
You can do it from anywhere in the world
You can trade in a way that fits your personality
I love reading charts. I love seeing what happens next. I love making money.
⁃ Become RICH
⁃ Consistent winners think differently from everyone else.
⁃ I am a consistent and profitable day trader
⁃ I am a consistent ant profitable day trader
⁃ I am a consistent ant profitable day trader
⁃ I am a consistent ant profitable day trader
⁃ I am a consistent ant profitable day trader
⁃ I am a consistent ant profitable day trader
⁃ I am a consistent ant profitable day trader
⁃ I am a consistent ant profitable day trader
⁃ I am a consistent ant profitable day trader
⁃ I am a consistent ant profitable day trader
⁃ The consistency you seek is in your mind, not in the markets. It’s attitudes and beliefs about being wrong, losing money, and the tendency to become reckless, when you’re feeling good, that causes most losses- not technique or market knowledge.
⁃ Probably one of the hardest concepts for traders to effectively assimilate is that the market doesn’t create your attitude or state of mind; it simply acts as a mirror reflecting what’s inside back to you.
⁃ Think in probabilities
⁃ I take complete responsibility for everything that happens
⁃ Anything can happen
⁃ I am perfectly satisfied to let the market do whatever it wants to do.
⁃ I don’t need to know what is going to happen next in order to make money.
⁃ There is a random distribution between wins and losses for any given set of variables that define an edge.
⁃ An edge is nothing more than an indication of a higher probability of one thing happening over another.
⁃ Every moment in the market is unique.
⁃ The market is full of opportunities
⁃ 95% of the trading errors you are likely to make will stem from your attitudes about being wrong, losing money, missing out, and leaving money on the table.
⁃ Let go of all fear.
⁃ Trade without fear or overconfidence
⁃ Perceive what the market is offering from its perspective
⁃ Spontaneously enter the “zone” (a strong virtually unshakeable belief in an uncertain outcome with an edge in your favor)
⁃ You know that your edge places the odds of success in your favor, but at the same time I completely accept the fact that I don’t know the outcome of any particular trade.
⁃ By making myself available, I consciously open myself up to find out what will happen next; instead of giving way to an automatic mental process that causes me to think that I already know.
⁃ The degree by which I think I know, assume I know, or in any way need to know what is going to happen next, is equal to the degree to which I will fail as a trader.
⁃ Patience. Wait for the right entry and exit
⁃ You’re going to lose on some trades.
⁃ Losses are simply the cost of doing business
⁃ Capital preservation…Know your risk. Limit your risk
⁃ The market will do as it pleases
⁃ For your mind to be open to a true exchange of energy, you can’t be in a state of knowing or believing that you already know what’s going to happen next. When you are at peace with not knowing what’s going to happen next, you can interact with the market from a perspective where you will be making yourself available to let the market tell you, from its perspective, what is likely to happen next.
⁃ I am a consistent and profitable trader
⁃ I love day trading
⁃ I love day trading
⁃ I love day trading
⁃ We live during the most exciting time in the history of the world
⁃ Become RICH
I got my rate down to $6.00 round turn but they to look at my past month's activity to verify that I am taking at least 3 trades a day. Call and ask them. All they can do is say no. It doesn't work to tell them you'll go to another brokerage though...I tried that and they really didn't care based upon how little I was trading at the time. You also need to have at least 20k in your trading account. That's my experience with Td
I called and they said I did not trade often enough for them to lower my commission. This week I will be switching to ninja trader and ninja trader brokerage. My roundturn commission will be around 3.50
Good, if you are actively trading and paying a high rate (like double the market rate) and you ask your broker to lower it a bit and they don't want, they better be offering you a lot of other value added services to make up for it. If not, then its best to move your business.
