Recent content by MX2101

spinn- If they execute your stop the same day it will be considered a trade and can trigger the pattern day trading rule. You need to move past this scheme and build your account value above 25 K. Or trade ES.

How would you have gotten out of them today? Do you mean you are selling calls to open? That is not wise if your account size is limited by the pattern day trader rule. Under 25 K you must swing trade, very carefully and with patience, unless you want to blow out.

I think the comments about changed expectations and lifestyle since that era are well founded.

For ownership by a person who is an employee, how does the risk of needing to relocate for a job play into this discussion? I'm thinking that unless becoming a landlord is part of the plan, someone who has to relocate may become a trader rather than a buy and hold to death homeowner. I've...