With the paper trading challenge teams trading with a lowered balance, they're discovering just how tough it is to trade with a smaller account. This is no new topic for most traders, as it's rare to come across someone who was able to start with big funds.
So what's Tim Bohen's tips for his team? He's got advice for finding opportunities despite trading under the PDT (pattern day trader) rule. Tune in!
Sign up for StocksToTrade at stockstotrade.com/new-year-sale
So what's Tim Bohen's tips for his team? He's got advice for finding opportunities despite trading under the PDT (pattern day trader) rule. Tune in!
Sign up for StocksToTrade at stockstotrade.com/new-year-sale
what happened with this
Good show Tim
hey friends where is Steve?
Bald guys face 😳🤔😄when she said "God You Told Me"
My first week I spread my 3 "day trades" across Tuesday, Wednesday and Thursday. The next Monday I thought I had all 3 trades back and got stuck in my BEST TRADE EVER and couldn't sell till the next morning breaking even.
So does pdt only apply if using margin?
Thanks Tim B. another great podcast .. 🙂
So the 5 rolling day period starts at the moment you place the first of your 3 day trades? Interesting, stupid, but interesting…