daytrade diaries... august 19 part 2, page-64

  1. 25,108 Posts.
    Hi (the other) TP,

    I am fortunate enough to be one of those people than can multi-task very well - plus, I am quite fast on the computer. I am also by nature a highly organised & quite self-disciplined person so naturally I work in a very fast & organised fashion.

    Whilst I do always like to "scour" the market for any other opportunities throughout the course of the day, I mostly try to stay focused on only a handful of stocks on any given day. This is key imo. Sometimes less (even if you trade that stock over and over again in the one day) can (quite often) turn out to be more, and if you are trying to be in a thousand places all of the time then you can often make costly mistakes with your intra-day trades because your attention is in too many places at once & you lose focus.

    I use WebIress and trade off the Westpac trading platform (which is pretty good imo most of the time) - the brokerage fees are $24.95 for any trade <=$25k, and a 1.1% brokerage fee applies to any trade >$25k.

    Hope the above helps a little anyways!

    Cheers, Pie (:

 
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