PDT Limitations

Week ending 11-18-05

Mon................ $0.00
Tues............. -$4.00
Wed............... $0.00
Thurs..............$0.00
Fri.................. $0.00

Unrealized 0.00

P/L week $-4.00


Ending bal. $3699.00

Sat on a semi stock all week, my gain is +55 on the unrealized. Still holding till next week. Wasted a day trade on Plab tues.
 
Week ending 11-25-05

Mon................ $0.00
Tues............... $85.00
Wed............... $0.00
Thurs...............closed
Fri................... $0.00

Unrealized 11.00

P/L week $85.00


Ending bal. $3844.00
 
Week ending 12-02-05

Mon................ $0.00
Tues............... $28.00
Wed............... $56.00
Thurs...............$32.00
Fri....................$00.00


P/L week $116 3.0%

P/L Nov. $378 10.6%

Ending bal. $3949


Done for the week, no trades available till Tuesday. Flame away.
 
Quote from thenewguy:

Have you considered trading options as a way around the PDT rule?
More...

No, I've never traded options, I'm just keeping it simple for now. Next year my cash flow will improve......then I'll be able to grow this account a little faster. Till then, it's slow and steady.
 
Quote from Phxtrader:

Week ending 12-02-05

Mon................ $0.00
Tues............... $28.00
Wed............... $56.00
Thurs...............$32.00
Fri....................$00.00


P/L week $116 3.0%

P/L Nov. $378 10.6%

Ending bal. $3949


Done for the week, no trades available till Tuesday. Flame away.
More...

Don't let the haters get to you. There is no reason why you can't turn 3k into 25k. Thats how I got my start 5 years ago. Of course 99% of people will fail, but that goes for almost anything lucrative in life.

Assuming you have a successful strategy(BIG assumption), the real challenge for you will be avoiding blowups. If you are setting a fixed numerical goal for yourself, its very tempting to take bad trades to try and make your goal if you fall behind.
 
Mon................ $0
Tues............... $109
Wed............... $0
Thurs.............. $0
Fri................... $13

Unrealized -$28

P/L week $122


Ending bal. $4042


rimm 109, intc 13, amd -28

Thanks, Newguy and Htrader.....yes avoiding blowups is key, I'm trying to keep them small and infrequent.
 
Nice job on growing your account so far

As your account grows, keep it cool the way you are now: don't get too eager to ramp up size quickly
 
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