Friendly advice from a former stock broker.


If you ever call a broker and they begin asking about why you are placing a trade or what your trading strategy is trying to accomplish…that’s our nice way of saying the fuck are you doing?

We are professionally trained and can see what trades you are doing. We don’t care about what your giant plans are that “can’t go wrong”. The fact is we have to cover our asses. If you call in with a stupid trade that looks like it will lose money, we can’t simple say don’t do that trade. We are expected to ask question and slowly give you the idea that maybe that trade is shit. We cannot give financial advice or say anything that could be taken as financial advice, but I can ask question about wtf you are doing until you say you don’t know.

Simple put if you are speaking with a broker and they keep asking questions about your trade, you most likely are placing a shit trade.

Ps stay away from penny stock and otm short dated contracts for the love of god


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *