Search results

Hey All, I would say the PDT rule is one of the most hated things (After Martin Shkreli) for a trader. This is like learning learning how to play football but only allowed to touch the ball twice during a game... I am currently IB customer and don't want to switch (I know Suretrader is not...

I am currently object to the PDT too but it is the worst situation I can imagine when you are a day trader. The overtrade point is good but I found myself so often in situation where I was like: Should I make the trade because then my daytrade is gone and if I loose in top of that, this drags on...

Still available?

Thank you a lot!

Hey All, I want to crate an excel formula for determining my size of a trade but I am stuck right now as I am not really familiar with excel. Following scenario: I intent to SPEND $1000 but this number has to be affected by two variables, with the help of a formula. 1.Range, which is...

Cheaper than IB?!

if you know basic stuff like avg volume, float,sector and maybe some news that is enough fundamental. You should not come to the market to become rich. You should come to make good trades. If you coming to be rich, money controls you and emotions take over as soon as you are loosing...

Keep the pattern daytrading rule in mind...Very tough to trade with this..you neeed 25K to avoid this One lesson I can tell you is that paper trading is not the same because no emotions involved.

that's true but still with the example given this would be the only option to turn this into a living- you can also invest into bluechips reduce your risk but be happy with a couple percent over the year.... I think this is on point...do what you like not what you think would make the most...

I think that this also depends on your account. If you have a $ 5,000 account and hold swings for 2 weeks with a 10% return and risk all (which I not recommend at all) this makes you $500 for those 2 weeks and if you do again $1,000/month which is still subject to taxation...to grow an account...

Some brokers allow you to choose the routing but this will cost extra as far as I know.

SOLVED: JAPANESE BUREAUCRACY IS AWFUL I have just called them. Will take another two weeks. Everything is done but they need time (2weeks) to get things sorted. Ridiculous

Sure without success. I will wait and see just curious why this takes longer than normal IB application in Uk or US.

It generally takes 2 days- I am just curious what they are doing that take soooooo long....anyway being a trader means being patient

First of, make sure you have at least 27K when planning to trade US stocks to avoid the pdt rule. Second make sure to lose between 5k to everything....Third this is not a decision you make in a day, trading is a skill set that develops over time and in order to acquire this skill you need to A...

I always remind myself that trading is not about making money rather about controlling your losses. Think about it. When you are making profits, whether you take them to quickly or not, this is a good problem to have. On the other side the losses are really what harms your account so basically...

What do you mean by that? @zdreg

Like one week or so. My concern how do they want to verify? Do they want to contact my bank or check rather I really flew in? I just want to be ahead to speed things up especially in a time like this where stocks go crazy in the US!!

Hey guys, I started a new IB application as I moved to Japan. I already handed in all the documents and it says finished at the application process page. Although it says finished on the document I handed in for the proof of address I got an email from IB saying that they need additional time...