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- Thread starter Hardy
- Start date
Quote from Hardy:
I'll be more of a day trader than anything.
My strategy is: get in and get out.
Make it quick, but make it count.
Which online brokers make this strategy simple?
So you're another person wanting to make a quick easy buck from daytrading.
NOT GOING TO HAPPEN.
You're not even allowed to daytrade with 1K, forget it. Go to vegas instead.
What do you think day trading is? The strategy is the same, regardless of how much money you have.Quote from demoship:
So you're another person wanting to make a quick easy buck from daytrading.
NOT GOING TO HAPPEN.
You're not even allowed to daytrade with 1K, forget it. Go to vegas instead.
Day trader: get in, get out. Come out positive.
Go to vegas? Go to school.
This forum is a place to help individuals in the stock market.
I've seen people say "go to vegas" in a few topics already.
Keep your stupid comments to yourself. We are all here for the same reason, learn more & gain knowledge.
Although I don't agree with your statements, I won't address them. His point was that if you daytrade enough times you will be tagged under the Pattern Daytrader rules and in order to daytrade under these rules, your account must be at least $25,000. You may want to do a search under "pattern daytrader" or "PDT" to find out more detail.
Quote from Hardy:
What do you think day trading is? The strategy is the same, regardless of how much money you have.
Day trader: get in, get out. Come out positive.
Go to vegas? Go to school.
Thank you.Quote from AllenCook:
Although I don't agree with your statements, I won't address them. His point was that if you daytrade enough times you will be tagged under the Pattern Daytrader rules and in order to daytrade under these rules, your account must be at least $25,000. You may want to do a search under "pattern daytrader" or "PDT" to find out more detail.
Quote from AllenCook:
if you daytrade enough times you will be tagged under the Pattern Daytrader rules and in order to daytrade under these rules, your account must be at least $25,000. You may want to do a search under "pattern daytrader" or "PDT" to find out more detail.
$5,000 would allow him to join a prop LLC and circumvent the PDT rule.
Swing trade and save money until you get four more thousand bucks.
Papertrade (options or stocks, doesn't really matter which) first then use real money (small amounts) after becoming proficient & consistently profitable in papertrading. Once you are consistently profitable in real trading you can start to build your position size.Quote from Hardy:
Since I'm only starting with a $1000.
What should I trade... Stocks or Options?
And I've never traded before, so what would be easier as a beginner?
db
P.S. start reading on the topics you want to learn.