Your broker is one of the most important tools for your trading journey … But you must manage it correctly if you want to utilize it properly. Today, Tim Bohen covers three things traders often overlook. Watch this video and learn!
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Let’s say you’re fired up and ready to go at the market open, but suddenly you can’t log in to your broker? Or your broker won’t let you trade a stock … What’s the first thing you should do?
Contact customer service!
Remember to keep a business mindset. You’re putting in your time, effort, and money. And brokers charge you a ton of fees!
Here’s a well-kept secret: You can negotiate with your broker. If they aren’t willing, threaten to leave. There’s plenty of competition! Whether or not you take your business elsewhere, the options are there.
Tune in to learn what you should wait for before you consider negotiating...
We also suggest trying StocksToTrade. We offer everything you could possibly need on one platform — watchlists, scans, indicators, chat rooms, and more.
What does this have to do with your broker? You don’t have to feel trapped by one broker just because you use their platform for all of your trading needs.
If you utilize StocksToTrade, you can toggle through brokers to decide who you prefer to use without losing all of your necessities.
We’re super biased, but can you blame us? We’ve worked hard on our platform and we’re proud of it. And we think you’ll enjoy it for all of your trading needs!


#StockMarket #Trading #Broker
*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.

By Stock Chat

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2 thoughts on “3 tips to better manage your broker”
  1. Avataaar/Circle Created with python_avatars MickT Day Trading says:

    I use TradeStation. Up until recently absolutely no issues. Pay $27 per month for OTC level 2 (I believe listed stocks are free for level 2). Commissions are $5 per buy/sell (up to 10,000 shares). Executions are normally very good so overall I have found this broker pretty good. However, recently they have stopped being able to trade sub-penny OTC stocks or basically any OTC stock that may have the STOP sign (because they have missed filings, etc.). I did call them and they did explain they had put this stop on for these types of stocks. That has cost me quite a bit in terms of not being able to trade what I wanted and could have made decent profits. I am from the UK, so cannot use ETrade as they don't accept UK citizens. IB requires $10k which I don't have. I won't use dodgy offshore brokers etc. Basically, until I can grow my account I have to stick with TradeStation. Like I said overell they are pretty decent anyway, just lately with this OTC issue.

  2. Avataaar/Circle Created with python_avatars RudolphAnthonyG says:

    Nice

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