Newbie’s = platform, Old head’s = broker
I liked what Ricex said, know it was right, but it might not apply to myself and others that haven’t gotten or crossed the trust line with a broker yet.
#2 under original post
Ricex (paraphrased) 11-11-2009, 06:15 AM
"The foundation of your trading experience is a business relationship with a broker who at least YOU minimally trust, and are happy with, it’s not an easy task."
Now that is quotable, Ricex gets the credit.
For newbie’s, finding a broker is still a trial and error pain in the b**t. When you don’t have the experience all you have is a 30 day demo time line. If you are distracted by real life those days are gone and you have to learn a differant platform, so:
"The trick to any trap is always the bate".
You have to open a $300 micro-mini account so you can have access to a (broker’s) training program for that (brokers) platform.
Small business owners that study their demographic costumers profiles know that it takes 5 times the energy and money to get a new client vs. keeping one that is already enrolled.
From a customer standpoint if you get 3/4 of the effort they used to enroll you, to keep you (i.e. customer service) they may be OK.
This means that when you will get those calls to establish an account with real MONEY (this ain’t a game, but it is) so you can have unlimited access to training. You are putting your real Trust (currency) in their pockets to draw interest on and from. Knowing that any time you want to access those funds you will be charged for the manipulation of your own funds.
"Test the trap"
Can you get your $300 back when you are done with the demo, like it or not.
Can you ask your broker for your money and get it. (Make them prove you can ask for a withdrawal or leave their service with your money without question.)
[/QUOTE]Ricex 11-11-2009, 06:15 AM
Just as an aside, as I believe your a military man Eric, my thoughts today are with the unknown soldier and all those that layed down their lives in the great war, on this day of commemoration.[/QUOTE]
Thanks for the side note. I was a USMC Para-Scuba Recon (Force Recon) and a Scout/Sniper Instructor