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It does not seem like you understand whom the PDT rules are trying to protect and it doesn't seem like you did your research about such a key variable to small retail traders prior to getting involved in trading. Also, everyone (as you implied) with a small trading account are not going...

Yes I highly recommend you call IB (your broker) and ask them specifically what needs to happen for them to change your fee structure. If you're doing enough volume, look into a CME membership. wrbtrader

What's the size of your trading account at IB ? Simply, if its large enough, you can negotiate. wrbtrader

With low unemployment and record people behind on their car payments (on the verge of reposession)... Its just a sign that people still living "beyond" their pay check and record number of people living from pay chech to pay check. wrbtrader

Yes and on life support. After two months...odds were increasing fast that I would never awaken or worst. Today I'm ok after rehab...back to normal with minor problems (I now wear glasses, forgot some English, still have creepy dreams)...I'm trilingual. Crazy thing, prior to the illness...was...

Have a backup plan beyond your wife just in case she's not in the right mind to make good decisions if something bad happens to you. I did everything you have done and it was still a messy situation for me when I was in a coma for about 2 months in the fall of 2016...messy setting up everything...

Yes but that's not the case in this situation because he created (increased) the odds of failure with these loans or debts and we know there's many things he doesn't disclose that created more odds due to the fact he doesn't answer those questions that others have posted in this thread. Its...

Social pressures (family) and financial pressures (family) are the weights on most retail traders...increases dramatically for each month that goes by without consistent profits. A retail trader must have a good support system in place from the beginning to the end of the career...a few hiccups...

I know :cool: wrbtrader

Would this be like saying if you're a good boxer...you'll be a good trader ??? :sneaky: wrbtrader

It seems like TheDailyTrader has mislabel the person as "his mentor" even though he's always on Skype with him. No different than someone in this thread that gives specific advice when he talks about his specific trades (entry, exit, size, TLSA)...that too is not mentoring. It will be like...

Now you know what to say to someone when they ask for your tax records when they are not your tax accountant nor your lawyer. :D :sneaky: :p :finger: wrbtrader

Most retail traders fail even before they take the very first trade. wrbtrader

Most newbies can't resist going live with real money...emotions take over or too much greed...then...after the damage...its too late to start with the simulator phase. wrbtrader

I hope they send you a follow up letter or email that states they are lowering your commissions & fees due to the length of client loyalty when they send out letters or emails to others about their commissions & fees increasing. :cool: wrbtrader

Practice, practice and more practice with a small position size in real money trading. Yet, even if you're automated...you will not be able to remove your emotional involvement because your automation is still dependent upon you to turn the switch on/off. Regardless, there's less emotional...

Exactly...many more types of "intraday traders" than the 3 you listed which is why I asked the question...are those 3 you listed the only ones that you're interested in considering you didn't list any other types of "intraday traders". Which is why I bet if you had listed a category 4. Other...

Much more types of traders than that. Those the only 3 types of trading you're interested in ? I bet if you put a category 4. Other type of trading... It would get the most votes. wrbtrader

Unfortunetly having a day job can be just as stressful as being a business owner and the day job may sometimes have more devasting results... Gotta keep it all in perspective because it really depends upon the day job. For example, I've seen people work 15 - 18 years at a job, nearing their...

Stress is a part of life and part of most jobs. Yet, if someone doesn't have to resources to know how to manage the stress related to the job...they will eventually be forced by the stress related health problems (mental/physical) to find another job. Simply, there are traders out there that...