If you only have $6,000- $10,000 to work with. Not the $25,000+ for unlimited trading.
Then open 3-5 different accounts of $2,000. And get a max of 9-15 day trades a week until you get over the $25,000.
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This is beautiful - because I just got banned for 3 months on Robinhood Friday for excessive day trading - thanks for the advice
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Yes my buddy said that also. Because I think I can make money if I can day trade more with your help.
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honestly, a successful trader like myself i use cash account. just got to be very selectful and no need to open 4 different accounts.
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Hi Charles. I followed you over from FB. Have done some trading some years ago, never did swing trading. Found it to be too time consuming. If I wanted to get back into the game, could it be done while working a job, or does this require full time attention to trading?
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It will be a full-time job, but if you're currently employed, swing trading is probably for you.
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If you have under 25k in the account your only allowed to buy and sell in the same day 3 times in 5 trading days.
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Charles, with a cash acct at TD Ameritrade, even with a few thousand dollars, u can trade all u want as long as u don’t exceed your balance. Anything u sell by EOD will settle overnight and be available next morning. The 25,000 is more for margin acts
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