Recent content by DavidTrader86

Maybe I'm too conservative with my trading, but, 6k/day off a 150k account sounds a bit agressive...

I use TC 2000, you download their software, and use a lite version for free for as long as you like. https://www.tc2000.com/

probably for the same reason as you. I am able to consistently find patterns.

I realized the not getting quick fills very quickly, when I started trading live. I have been keeping my positions on the smaller side because of this

Well, I just finished my first month of trading. was able to trade 15 days this month, and am up 20% on the month. I had a few down days, my worst was my first day, second trade. I got caught in a massive short squeeze, so bad that they halted trading on the stock. By the time I was able to get...

I will play that by ear. I will continue to receive passive income from my insurance agency, so income really isn't an issue. It seems that we are a bit off topic here. I am really just looking to see how other traders have their business set up for tax and liability purposes. I am thinking of...

as stated in a previous post, I also own an insurance agency, so the income is not an issue. My intent is to build up the account to the point where, at some point in the future I may be able to live off the income from daytrading.

yes, i do

$30,000 aint enough to get started?

Thank you for the response. I agree with the separation issue. It is one of the reasons I want to set up the LLC. I own another business, an insurance agency, but will be, as of next year, be taking a more minor role in the agency. And, therefore, will much more time on my hands. So, since my...

I trade equities. Mainly stocks priced between $1 and $10

Howdy! After doing a little day trading for several years (little here and there, not consistently), and paper trading for the past couple of months (consistently, and profitably), I want to take the dive into day trading professionally. How do y'all have your businesses set up? I was...