Note to myself

DONT TRADE IMPULSIVELY, STUPID!
DISCIPLINE! DISCIPLINE! DISCIPLINE!!!


Disclaimer

All contents here are meant for the writer and the writer only. Any information gained here that led to personal loss in stock markets have nothing to do with the writer what-so-ever.

(However, if you earn money in stock market using the information here, you are obliged to treat the writer to a sumptuous meal. =)

Btw, since the writer just writes whatever he read into the blog, the blog is in one BIG mess. It is recommended for newcomers to read the articles in IW's Stock Trading Guide (sidebar) in order.


Good Luck! =)

Wednesday, July 21, 2010

Excerpts from Day Trader's Survival Guide - Christopher A.Farrell

1. Broker earn your money when u use Market Orders

E.g. OSIM  1.00-1.01

If you buy 100 lots at 1.01, broker sell you at 1.01 and buy for himself at 1.00. That's a profit of $1000.
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