I guess margin is nothing to do with PDT. Unless you have $25000 in the account, PDT rule will not allow to daytrade more than 4 roundtrip trades in a day.
Not sure which broker you are using.
PDT Rule
http://www.whitepacific.com/trading/day_trading_faq.php
I agree with shagi that it does not matter much the quantity but quality of your trading system that how much percentage are your winners and how consistent it is.
I guess some of them are
Chart patterns like H&S , Triangles etc
Support/Resistance
Type of Candles like Doji, Hammer etc if candlestick charts
Volume patterns corresponding to prive movement
Trendlines
Time&Sales
Experts can add more.
hi,
Have a question regarding ES market order.
When the bid price is 1320.50 and ask price 1320.75 ,
If I sent a market order to buy, will it be executed at 1320.75
OR it can be any other price greater than current ask price.
Thanks for any reply.
hi,
I want to test a system of mine and looking for a trending market in general.
What do you guys think is the best trending market, up or down.
Futures (ES,NQ) OR Forex OR any of the volatile stocks or
any foreign futures.
Thanks for any reply.
Does this mean one has to hold/average ETFC, CFC etc from last year and JDSU, SUNW(JAVA), enron, worldcom etc from 2000 ?
Dont you think stocks like these will kill the portfolio.