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I find it hysterical when investing idiots on youtube go to someone's daytrading channel and tell them that they're risking too much of their capital. Shouldn't this rule only apply to investors & preferably with around 6 figures or more? This trader only had 2k in his account trades maybe 5-10...

I'll tell you absolute best scanner, charting, newsfeed, simulator softwares (for training purposes) which is all you need for daytrading and how to use them effectively but it'll cost ya.

Scaling out is just insurance for them they don't end up taking a big loss cause that usually ends up with them taking bigger losses to try to break even.

So I was right in spotting this? Anyone else confirm that you don't need 10k anymore? Also, the pdt rule only applies for US clients right? Man, gotta just send them an email on this just to make sure. Edit: Just googled this bummers.... How does the SEC day trading rule affect Canadians...

I am not in my 40's yet. Thou I am getting kinda close which is why it's so frustrating to me when I am not successful. It's one of those things I always dreamed of getting rich off since I was a teenager. Well, finally got a green day today with minimum distractions...

High rental keeps me from moving out and the fact I am losing money in the stock market doesn't help either. $800 would get me a tiny bachelor in the slum district.

I've a similar issue except my major pet peeve is my parent. She just won't stop yapping about random things, watching tv or blasting the radio during market hours. She is always nagging or yelling at something and she does that every single minute of her waking hours. She also has these...

I just didn't understand how this guy got 50% income tax who was a reputable youtuber/trader so I doubt he was lying. The tax bracket for the US only goes as high as 39.6% for making over 418k. He prolly was making near or more than this amount. Edit: Now that I think of it perhaps he wasn't...

I heard a trader on youtube comment about paying 50% income taxes. Is it that high everywhere? (I live in Canada.) How do daytraders even make a living if they have to pay such a high tax rate?

Ok thanks. I don't know why they don't make it more clear on the site. Not even in the faq has that info.

Depends what kinda demo/simulator you were using? Most of them do not take into account commission. (Maybe even leaving out the bid/ask spread.) So if you traded a ton and made money that might translate to a loss instead on a live account when commissions start piling up.

Did they change the minimum to open an account to $2000 from $10,000 or am I looking at the wrong thing? I cannot find info about minimum balance to open an account anywhere else on the site. Market Data Subscription Minimum Equity Balance Requirements The following minimums are required to...

Tony Robbins is just a motivational speaker.

Discipline is just one of those things you either have or you don't throu years of habit. It is very much like a personality trait not a skill that you can easily implement. I think it is a waste of time for someone without discipline to try to become a discipline person. If it's unnatural to...

When I try to trade a stock and rejected cause of insufficient buying power and see it pop over 400% in the next 5 min. (Screw me for not having a calculator in my hand!)

Almost all trading software users are trying to sell here don't allow 3rd party transfer but they do it anyways esp mmo accounts where thousands of transactions like this are made every month. If both ends get what they want and nobody is getting hurt I don't see why not? It is highly unlikely...

Tried to work it out by giving him an option to buy a gift card on amazon but he was hellbent on paypal so I ignored him. The way with paypal policy works if you sell an intangible item and the buyer reverses payment there is a zero chance you can dispute it. Paypal is a breeding place for...

Ok what was the point of that statement? Just felt like being a random asshole? Well go fk urself then. I wouldn't had bother had I known this section of the forum existed trolls who had nothing better to do than derail others with their snarky comments. Btw, I had offers I just chose to ignore...

Ok not getting any serious offers yet so I assume maybe the price isn't attractive enough. I am willing to make it $100 even. (Gamestop gift card code only.) Can purchase one online.

Still selling.