Conversation

You can open up different accounts at different brokerages and every one gets you 3 day trades in 5 days as long as you have $2.000 balance and a margin account.

Quote Tweet

Saqib Hussain

@go2saqi

Nov 25, 2020

Replying to @MasterBJones and @traderbjones

Great. Never thought of opening more accounts but this makes more sense now. Thanks Brian. You are doing a great service indeed. God bless you.

3:11 AM · Nov 25, 2020Twitter Web App

Replying to

and

What about robinhood?

Replying to

and

Don’t day trade on robinhood

Show replies

Replying to

and

I have Charles schwab, TD and fidelity. A nice trick that can’t hurt is to apply for the investor credit cards that you get access to apply to with these brokerage accounts. They give very high limits and great for building credit. 2 birds 1 stone.

This Tweet was deleted by the Tweet author. Learn more

Angelo

@AngeloDeSilenzi

Nov 25, 2020

Margin scares me, lol. Don’t need unneeded debt or credit even though I hear it’s much freer to trade and can help you make more money. I’m just not comfortable enough with my trading skills to trade with money that’s not mine.

Replying to

and

You can do it with a cash acct too as long as the day trades are used with settled cash right? I’ve never had a margin account and was fine with the day trading rules using settled funds only. I use a cash only account now, but I don’t have to worry about the 3 in 5 rule anymore.

Replying to

and

Until you get your day trading suspended on all the accounts like I did! Settled cash only. Lame

Replying to

and

Why was this how did it happened ?

Show replies

Replying to

and

You do NOT have to have $2000 in your account to trade....ffs....you could load those accounts with $20 if you wanted! Whether tos, Robinhood, webull...or any of the other brokers and platforms....

Replying to

and

❤️ The Queen has spoken. She kicks knowledge wherever she goes too. Brian you rock as well sir. I ❤️ following you both. You would fit perfect with us at

@MDLive4

I promise, you are gonna fucking laugh.