THE RULES OF THE GAME, OR, TERMS OF BUSINESS

Also worth mentioning is the fact that different brokers have different trading rules, or “Terms of Business.” Take time to read these, and truly understand them, before making any decisions on using one broker over another. Easier said than done, we know. However, ignorance is rarely a defense. It is pointless to read your new broker’s Terms of Business when the inevitable trade query appears, as they so often do, so be proactive and grab yourself a big cup of coffee, a red pen and hide yourself away from distraction and get reading (and, no, in bed before you fall asleep does not count­–treat it as you would any important business document).