PDT Questions

[lawrence-lugar]

edit: I just realized I made a typo now. and can't change it.
I meant to say "Blowout" account blowout...not blowjob. in my above post.

I'm surprised how I even managed to type that. I wasn't even thinking anything near that then.

 

[destriero]

Not unlike you, who's delusional self image has them believing they know everything about everything. Everything that is, except the knowledge that prolonged steroid use makes one act and behave like an idiot. And you're the king of that one babe.

Dear PDT baller,

Read pubmed on Oxandrolone and cognition. The thread which you disavowed was where you threatened to kick my ass. lol bad idea as insurance won't pay out on Suicide by Destriero.

Your friend,

roido-Dest

 

[vanzandt]

Dear PDT baller,

Read pubmed on Oxandrolone and cognition. The thread which you disavowed was where you threatened to kick my ass. lol bad idea as insurance won't pay out on Suicide by Destriero.

Your friend,

roido-Dest

I don't need 'roids to be cut. Thats called genetics.
And I don't need trading to have $'s. Thats called brains.

 

[destriero]

I don't need 'roids to be cut. Thats called genetics.
And I don't need trading to have $'s. Thats called brains.

Vanzandt the PDT Expert (sic) is droppin Hamiltons. Genetics. Dude, you're some musician-cum-methskieve. 120lbs is not cut.

Cut?

Cognition.

 

[vanzandt]

Vanzandt the PDT Expert (sic) is droppin Hamiltons. Genetics. Dude, you're some musician-cum-methskieve. 120lbs is not cut.

Cut?

Cognition.

Dude... you're not all there. I know you crave attention...but I won't lower myself to your level.
Ignored.

 

[destriero]

Dude... you're not all there. I know you crave attention...but I won't lower myself to your level.
Ignored.

I have seen your pic. You PMed me long ago for advice. It’s either meth or freebase. Bya!

 

[Robert Morse]

Thanks for the well explained response. I also see you are affiliated with lightspeed. Is it possible to open up an account with 12,000 and use the lightspeed trader platform? Thanks

LS Trader and our other DMA software (Sterling Trader Pro, RealTick and Silexx) all require $25K or more. LS Web Trader, which is not a DMA platfrom, it only offers a broker route, require $10,000.
https://www.lightspeed.com/trading-platforms/lightspeed-web-trader/

 

[sss12]

No. PDT applies only to margin accounts. https://en.wikipedia.org/wiki/Pattern_day_trader
As long as you avoid whats called a "free-ride", ie buying and selling a stock or option for which you do not have settled funds you can roundtrip trade as many times as you want. Since options settle the next day, his $12K will always be available. The trick is to not exceed 12K in a day. Here's a reference:
https://www.warriortrading.com/cash-account-definition-day-trading-terminology/

"One major plus side to cash accounts is you can day trade all you want as long as you have settled funds and won’t be held to the pattern day trading rules in a margin account. There is also no equity requirement to day trade in a cash account, which is a huge bonus for traders who don’t have the extra $25,000 lying around".

So could he do this 5 out of 5 trading days ? I guess so by these definitions because the 12k is available/settled at the start of each day ? Thanks

 

[vanzandt]

So could he do this 5 out of 5 trading days ? I guess so by these definitions because the 12k is available/settled at the start of each day ? Thanks

Yes, thats 100% correct SS.... its a way around the PDT rule if one is comfortable daytrading options.

Sorry about the noise on the thread too btw.... I'm surprised I gave this ass-clown a whole 3 posts before I ignored him. Real tough guy this one. I wonder if anybody else here has noticed how he answers his own posts. Funny how 2 or 3 new accounts have opened in the last week that "respond" to him and ask him questions when he wants to sound important. This one's a fruit loop.

 

[destriero]

Yes, thats 100% correct SS.... its a way around the PDT rule if one is comfortable daytrading options.

Sorry about the noise on the thread too btw.... I'm surprised I gave this ass-clown a whole 3 posts before I ignored him. Real tough guy this one. I wonder if anybody else here has noticed how he answers his own posts. Funny how 2 or 3 new accounts have opened in the last week that "respond" to him and ask him questions when he wants to sound important. This one's a fruit loop.

I don’t see SSS make any reference to moi. I’m still on ignore, right? So asking for more pics will fall on deaf ears?