Scottrade Free Trades Promotion Through 10/31/2008

In my book "Stock Trading Riches", and on this blog, I have promoted trading stocks through Scottrade.

I have found their website easy to use, reliable, and they only charge $7 per trade.

Normally, if you open an account with them using this referral code (ZNTJ5666), you will get three free trades.

However, if you open a new account now through 10/31/2008, you will get 7 free trades!

Low costs are one of the few things that a trader or investor can control with certainty.

When I was younger, I didn't pay that much attention to trading costs - mostly because at that time I thought I would make a "big killing" in stocks and commodities ;-)

Since then, of course, the markets battered me into humbleness.

Instead of trying to get rich quick, the correct approach is to get above average returns by combining a system with a known edge with low costs.