PDT question?

[Don Bright]

Quote from ER9:

Sorry, I havn't been back to this post in a while.

I don't actually trade that size or anything close to it. I was just using that as an example.

I am a new trader with limited capital. I actually prefer swing trades out to a few days or more, depending on circumstances. I completely agree with you regarding this rule, it's not difficult to work with the regulation.

I was more curious than anything. I have noticed that some securities can break out dramatically in one day from periods of consolidation and then completely colapse the next day. I'm guessing heavy profit taking is responsible for this.

There are still a few people who trade the "break-outs"...but it has become a bit tired, as a strategy, over the last few years. Trading this way requires getting involved in "someone else's poker game" every time you trade. We prefer "bringing others into our poker game" (our same stocks that we trade every day)

Don