It's that time of the week again.
Anyone has any questions about trading or stocks for me to look at I have time to do that this weekend.
Post them below.
Conversation
Could you please discuss strategies for trading under the PDT rule? Though I think following you and trading 3x a week until the 25k limit is surpassed is a good one
1
3
Replying to
Not sure how much money is in your account but I don't recommend new traders trading are margin. Can get quite messy and mess up your decisions. Trade in a cash account $ clears every 2 days to trade again.
💯 agree with not trading with margin for new traders. Emotions can cloud judgment. I was asking b/c a lot of new traders don't know about the pattern day trader rule & end up not able to participate in trading after four day trades in 5 days.
1
1
In those cases, swing trading or day trading only 3 times a week would allow a trader to participate in this market until they reach 25k & are free from the PDT rule. I was wondering about strategy in trading in small accounts.
1