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Showing content with the highest reputation on 08/07/2018 in all areas

  1. 2 points
    Ran into this picture online today... This is so true about any type of success in any career or goal. People only see what others have achieved and want the shortcut to the top. In my personal opinion, in Day Trading there are no shortcuts, the work must be put in, by education, practice, practice and even more practice. After comes the physiological and emotional part that is trigger when we put skin (real money) in the game. This is were we need to transform from a regular Day Trader's mindset to a Successful Day Trader's mindset. This is by far the hardest part of Day Trading and requires hard work, persistence, and dedication just to name a few.... #wegotthis
  2. 1 point
    You got it. On a per-ticket fee structure, like the $2.95/trade with Speedtrader, you'd pay $2.95 when you enter and $2.95 each time you scale out. Keep in mind that the $2.95 does not include routing and regulatory fees. So the $2.95 will actually be a little bit more. Those extra fees are usually VERY small, though. A per-ticket fee structure may not be cost effective if you intend to do a lot of scaling in/out.
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