T2W Trading Community

I was taught to write out a script of my orders and rehearse giving them. I was taught to tape my orders and write them down. I was taught to be extremely firm and insistent and to develop that tone of voice when I was calling them in by telephone. No nice guy stuff. Polite, but firm and strong, urgent and insistent was the way the orders had to be called in. This was directing those to whom I had given the authority to get my orders to the trading floor.

Then I was taught to be extremely intimidating in getting back the results. To be ruthless in demanding good fills. To ask for time and sales on anything suspect. This was controlling, exacting back responsibility for the authority originally delegated.

I was taught that I owed my broker nothing. He was the servant and I was the master. I was paying him well for the service he rendered. I was to expect the best from a broker. I was to be quick to drop a broker from service. After all, I was the one picking up the tab, not the broker.

Over the years, although markets have changed, nothing has changed in the way of maintaining personal discipline. You must watch the market, watch every tick if you are daytrading, learn to see what is going on. Pick your trades carefully. Pick only those formations that form well, ones that are clearly what you would like to see.
As you gain experience, you will learn to recognize even more trading opportunities