This drives me crazy

qdz · Nov 14, 2002

Thanks.

I know, I will never trade future before I can make profit consistently on stocks or stock options, and have large capital for trading.

So far it turned out I cannot swing trade stock options to work around the PDT rules. As I said many time, I need to take profit and cut loss like a true day trader. This is exactly because I have small capitals for trading.

dbphoenix · Nov 14, 2002

Quote from qdz:

I know, I will never trade future before I can make profit consistently on stocks or stock options, and have large capital for trading.

That's unlikely to happen until you learn how to manage your emotions in general and your anger specifically.

--Db

qdz · Nov 14, 2002

You challenge me. I happen to like to be challenged. You had heard and will hear my words. That is, not a dime of business from me will go into futures, especially including SSF.

aphexcoil · Nov 14, 2002

Quote from Katrina Johns:

tech that's a SURE way for him to blow the rest of his account. i don't think new traders should trade futures imo. look what happened to aphie

"aphie" is still around and has 4.2k of his 5k and breaking even right now.

Katrina Johns · Nov 14, 2002

qdz, i have said all along that the PDT rules screws you up even swingtrading but obviously to a lesser extent than pure daytrading.

check out margo's trading journal. why don't you consider doing something along those lines? just a thot..

Katrina Johns · Nov 14, 2002

Quote from aphexcoil:

"aphie" is still around and has 4.2k of his 5k and breaking even right now.

congrats aphie, what are you trading?

CarlErikson · Nov 14, 2002

Quote from qdz:

That is, not a dime of business from me will go into futures, especially including SSF.

Do SSFs fall under the PDT rule as of this point in time? If not, why not trade SSFs? Commissions at IB are the same as stock transactions (for 100 shares).

Carl

hardrock375 · Nov 14, 2002

Quote from Katrina Johns:

congrats aphie, what are you trading?

Nothing probably, which explains the breakeven comment from earlier.

Tech Analysis · Nov 14, 2002

Quote from CarlErikson:

Do SSFs fall under the PDT rule as of this point in time? If not, why not trade SSFs? Commissions at IB are the same as stock transactions (for 100 shares).

Carl

No, they don't. At least not yet

Corso482 · Nov 14, 2002

Quote from qdz:

I am going to be killed. Look at this market. Why can I play with PDT margin rules crippling me like nuts.

I am really angry now. I want to retaliate when I lose all

Reminds me of that daytrader who went postal in his office a few years ago.