Tag: Disnat

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Event Review – Stockscores Canadian Active Trader Expo (SCATE)

We stopped by the Stockscores Canadian Active Trader Expo (SCATE) this past week and had a chance to sit through a presentation by veteran trader and founder of stockscores.com Tyler Bollhorn. This event was also sponsored by Disnat which has launched one of their best deals/promotions alongside the SCATE tour.  You can find out more details about their deal here.

The session was a condensed version of Tyler’s educational program with topics on trader psychology and trading strategies from less active or position trading to very active day trading strategies, such as one he called “the worm” (as in “the early bird gets the worm”).   He walked through the stockscores.com platform and how to use it to find trading opportunities along with the tradescores.com tool (which we discuss here) as a means to practice (or paper trade).

After sitting through many different presentations on investment/trading strategies Tyler’s presentation is one of the more engaging and clearly delivered.  Like any master of their craft, Tyler makes it look very easy.  In his words, ‘trading is simple, but not easy’.  The difficult part for anyone who is just starting out or who has been at it for a long time comes down to managing emotions and risk.

A central point in Tyler’s presentation (as well as in his upcoming book) is that trading is a skill, not a talent.  To learn and perfect a skill, whether it be playing the piano or doing surgery, it takes practice and discipline.  It is not important how often you are right or wrong, but rather how much you make when you are right versus how much you lose when you are wrong.

One of the most interesting observations from this session is that it took Tyler 8 years of practice before things actually started to “click” for him as a professional trader – before he was able to trade and be consistently profitable.  He attributes the turning point in his success to properly managing risk – cutting his losers early and letting his winners run; a piece of “uncommon sense” which most traders don’t adhere to and explains why they’re on one side of the performance column and Tyler is currently successfully sitting on the other. Check out our interview with Tyler earlier this year for some extra tips on being a successful trader.

To find out more information on the SCATE tour, check out our events section here.

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Discount Broker Deals & Promotions – As of April 1st 2012

Here are the latest discount broker deals and promotions offered by Canada’s online discount brokerages. This month there is a monster deal being launched  by Disnat Direct called the “Active 5” deal.  Look out for other deals being announced from National Bank Direct Brokerage early this month.  If there’s a deal or promotion that we’ve not included, drop us a note here and we’ll look into adding it to the list.

While we strive for accuracy in our reporting we cannot guarantee that the information presented below will not have changed or be altered without notice. Please ensure to check the brokerage’s website directly for full details.

 

Company Brief Description Details Link Deadline
Open a new account (TFSA, Margin or RRSP) and receive $50 commission credit . Use promo code: kdkfnbbc none none
Move your brokerage account to Questrade and they’ll cover the transfer-out fee. Transfer Fee Promo none
Maximize your returns. Get up to 1% (or more) of your mutual fund value rebated back to you. Mutual Fund Rebate Promo none
Open a new account with Questrade and you could qualify for a new iPad. To enter in a draw for 1 of 10 iPads, you can open a new account and deposit $1000. If you deposit $250,000 or more, you will get a free iPad (applies to both new and existing clients) iPad Promo May 31, 2012
Transfer a value of $50,000 or more in assets to Disnat Direct (from a non Desjardins account) and receive a $500 credit (valid for 3 months) which can be applied to regular commissions or account transfer fees $500 Credit May 1, 2012
Transfer a value of $50,000 or more to your Disnat account (from a non Desjardins account) and receive $300 and free access to their GPS portfolio management tool for a year. Money will be deposited to your account within 30 days of your completed transfer. They will reimburse any transfer fees charged by the transferring firm (up to $150 per account). GPS Promo Limited Time Offer
A monster deal called the “Active 5 Deal” being launched by Disnat: 5 Months of no platform fees on DD Xtra & DD Web (includes no fee for TSX venture quotes) 5 Months trading on the best commission rate of $5 50 free trades ($250 commission credit) 5 Months access to Tyler Bollhorn’s daily newsletter $500 off Tyler Bollhorn’s live trading course Check back soon for details! TBD
For new clients: Transfer a value of $100 000 to National Bank Direct Brokerage and reference code: NBDB25 on signup form (section 13). For existing clients: call customer service to let them know you want the deal. The Deal: Get 250 trades for $0.25 each Lots of fine print to read for this deal – click on the link to find out details 25 years. 25 cents deal April 30, 2012
Transfer $25,000 or more to a National Bank Direct Brokerage account and they will pay up to $135 plus taxes in transfer fees Transfer Fee Rebate none
BMO InvestorLine Open a new account with BMO Investorline and you could receive cash back. For a $50,000 deposit/transfer – you get $100; for a $100,000 transfer, you get $250 cash back; for a $250,000 transfer/deposit you get $600 cash back. Enter the code BONUS when you open your account. BMO transfer offer June 1, 2012
Credential Direct Switch your account to Credential Direct and they’ll pay up to $125 of the transfer fees your online broker charges. If after 90 days you’re not completely satisfied, Credential Direct will waive the $125 transfer out fee. To qualify, you must deposit at least $5000 within 30 days of opening a Credential Direct account. Promo code “SWITCH ME” Switch Me Offer June 30, 2012
Become a new National Bank Direct Brokerage Client before June 30, 2012 and receive a fixed rate commission of $6.95 for 6 months. Minimum deposit not specified. Promo code “TRADE2012”. Note: National Bank is releasing a similar promo early April where you have to open a margin account to receive 6 months at $6.95 – according to customer service details to be released soon. Call customer service: 1-800-363-3511 June 30, 2012
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Discount Broker Deals & Promotions – As of March 1st 2012

Here are the latest discount broker deals and promotions offered by Canada’s online discount brokerages.  While we strive for accuracy in our reporting we cannot guarantee that the information presented below will not have changed or be altered without notice. Please ensure to check the brokerage’s website directly for full details.

Company Brief Description Details Link Deadline
Open a new account (TFSA, Margin or RRSP) and receive $50 commission credit . Use promo code: kdkfnbbc none none
Move your brokerage account to Questrade and they’ll cover the transfer-out fee. Transfer Fee Promo none
Maximize your returns. Get up to 1% (or more) of your mutual fund value rebated back to you. Mutual Fund Rebate Promo none
Transfer your account to Qtrade Investor before March 31, 2012 and they will pay you up to $125 to cover your transfer fees*. New Account Promo Mar. 31, 2012
Open a new account with $25,000 before March 31, 2012 and receive 150 trades free. (Applies to the first 150 trades placed within 60 days of account opening at a maximum of $6.49 per trade with a total maximum value of $973) New Account Promo Mar. 31, 2012
Virtual Brokers will cover transfer fees from your transferring institution to a maximum of $150 per account. This offer is only applicable to accounts opened with at least $25,000 in equity before March 31, 2012. Transfer Fee Promo Mar. 31, 2012
Transfer a value of $50,000 or more in assets to Disnat Direct (from a non Desjardins account) and receive a $500 credit (valid for 3 months) which can be applied to regular commissions or account transfer fees $500 Credit May 1st, 2012
Transfer a value of $50,000 or more to your Disnat account (from a non Desjardins account) and receive $300 and free access to their GPS portfolio management tool for a year. Money will be deposited to your account within 30 days of your completed transfer. They will reimburse any transfer fees charged by the transferring firm (up to $150 per account). GPS Promo Limited Time Offer
For new clients: Transfer a value of $100 000 to National Bank Direct Brokerage and reference code: NBDB25 on signup form (section 13). For existing clients: call customer service to let them know you want the deal. The Deal: Get 250 trades for $0.25 each Lots of fine print to read for this deal – click on the link to find out details 25 years. 25 cents deal April 30, 2012
Transfer $25,000 or more to a National Bank Direct Brokerage account and they will pay up to $135 plus taxes in transfer fees Transfer Fee Rebate none
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Discount Broker Deals & Promotions – As of January 30th 2012

Here are the current promotions and deals listed at the discount brokerages:

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Company Brief Description Details Link Deadline
Open a new account (TFSA, Margin or RRSP) and receive $50 commission credit . Use promo code: kdkfnbbc none none
Open and fund a new RSP account with a minimum of $25,000 and get 150 free stock trades. RSP Promo Feb. 29, 2012
Open and fund a new margin, registered or TFSA account with a minimum of $1,000 and get 10 free stock trades. RSP Promo Feb. 29, 2012
Move your brokerage account to Questrade and they’ll cover the transfer-out fee. Transfer Fee Promo none
Maximize your returns. Get up to 1% (or more) of your mutual fund value rebated back to you. Mutual Fund Rebate Promo none
Open a NEW Scotia iTRADE® account (New Account) before March 1, 2012 and fund the New Account by March 31, 2012 with either CAD $50,000-$99,999 in assets or more than CAD $100,000 in assets and receive either $150 cash or $250 cash or the commissions on 100 trades (maximum value of rebate $999.99) New Account Promo Mar. 31, 2012
Transfer your account to Qtrade Investor before March 31, 2012 and they will pay you up to $125 to cover your transfer fees*. New Account Promo Mar. 31, 2012
Open a new account with $25,000 before March 31, 2012 and receive 150 trades free. (Applies to the first 150 trades placed within 60 days of account opening at a maximum of $6.49 per trade with a total maximum value of $973) New Account Promo Mar. 31, 2012
Virtual Brokers will cover transfer fees from your transferring institution to a maximum of $150 per account. This offer is only applicable to accounts opened with at least $25,000 in equity before March 31, 2012. Transfer Fee Promo Mar. 31, 2012
Open your account today and for every $10,000 you invest between January 4 and March 1, 2012 you’ll be entered for a chance to win a $1000 prize offered daily*. Plus, get $250 cash back for investing $100,000 or get $650 cash back for investing $250,000 ** Enter promo code WIN2012 when you open your account. New Account Promo Mar. 1, 2012
Transfer a value of $50,000 or more to your Disnat account (from a non Desjardins account) and receive $300 and free access to their GPS portfolio management tool for a year. Money will be deposited to your account within 30 days of your completed transfer. They will reimburse any transfer fees charged by the transferring firm (up to $150 per account). GPS Promo Limited Time Offer