do they enforce the pdt rule?
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Wanna start daytrading need more info
- Thread starter Qbert
- Start date
do they enforce the pdt rule?
the new traders might consider to try a prop firm like Swift trade or Title trading. no capital contribution required. the more profitable traders there in the office, the easier for the new traders to improve. It's not about making money in the beginning, it's about learning to trade.
just my 2 cents, good luck.
just my 2 cents, good luck.
go to http://www.trading-naked.com/Articles_and_Reprints.htm Read everything twice,trade in a simulated acct and learn to take losses first not profits,when you have gotten good at taking losses ,you will know because they will more often turn into big losses than profits,you will be ready to trade successfully with a smaller chance of going broke,or put another way,staying in business long enough to become a successful trader.The following statement is not directed personally at you,it's just what happens 95% of the time. Most likely you will ignore this advice and start trading right away and your 5k will be gone,you will try again and get the same results,and again,by this time you may have learned a few ways to trade profitably and start to make money,these costly educational setbacks can be avoided but seldom are. Successful Professional traders,horse bettors,Texas hold'em Champs,,all have one thing in common,they know when to take risk and when to cut losses. This skill is as much a psychological assett as is their ability to recognize good setups. These things and a lot more are necessary to know before putting up any real cash,good luck.
very astute of you to notice the entry date on the first post(i did'nt)and to open a new acct for a new weekend under a new name and then attack people on an internet forum,pointing out your obviously larger brain and also your lack of warmth in your cold domecile,turn on your furnace,or did you fail to notice what season we are in, winter ,it will be interesting to see if this guy gets an email and responds after 7 years and how is trading is doing,sort of rip van winkle or robinson crusoe,thanks for pointing out the date
Quote from silvius:
Qbert,
TradePro is a Direct Access broker now opening accounts from Canada. Here is the link:
http://www.candlestickshop.com/tradepro
Do they enforce the pattern day trading rule??
Quote from blackjack666:
Do they enforce the pattern day trading rule??
I have a unique idea, ask the broker instead of some pinhead on an internet forum that is guessing!
It's a pretty cheesy looking website.
TradePro, L.L.C. is a branch office of Maximum Financial Investment Group, Inc.
All securities transactions are offered through Maximum Financial Investment Group, Inc. - a member of NASD & SIPC.