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By Stock Chat

where the coffee is hot and so is the chat

35 thoughts on “What are the different account types?”
  1. Avataaar/Circle Created with python_avatars Hungry Island says:

    wow so Roth IRA is tax free !? if you're an excellent trader, imagine how much money you'll have tax free? Along with your other retirement accounts and such.

  2. Avataaar/Circle Created with python_avatars Tulkinjon Kazakov says:

    Can I sell a stock that I buy within a day in a cash account? Or Will I have to wait for it to be settle in 2 days as well?

  3. Avataaar/Circle Created with python_avatars PrettyGoodLookin says:

    Do you have to be a Day Trader to have a Margin account ?

  4. Avataaar/Circle Created with python_avatars PrettyGoodLookin says:

    I thought you have to have Earned Income to have an IRA. I still don't understand.

  5. Avataaar/Circle Created with python_avatars Forever Raining says:

    Very good video. Thanks!

  6. Avataaar/Circle Created with python_avatars Eamon says:

    Hi all, I know this video was posted years ago but I have a question that I hope you can answer. If I trade using a 401k with over $25,000 in it can I bypass the PDT rule and make more than three trades a week? Thanks so much!

  7. Avataaar/Circle Created with python_avatars Matt says:

    Could you give me an idea on how strenuous filing taxes as a day trader would be? Because I have a cash account as of right now and just placing several trades a week causes me some frustration with entering tax data at the end of the year.

  8. Avataaar/Circle Created with python_avatars Matthew Hooks says:

    Man screw that margin account if you don’t know what you’re doing.

  9. Avataaar/Circle Created with python_avatars c cc says:

    Thank you Ross, this video really helped!

  10. Avataaar/Circle Created with python_avatars Nguyen Ngoc says:

    Hi boss, nice for explaining the difference account. Can I have a question about wash sale boss? What can I do to avoid wash sale for day trade boss. Thank you very much for explaining.

  11. Avataaar/Circle Created with python_avatars 3 DOZEN says:

    they should lower the retirement age to 40 😏

  12. Avataaar/Circle Created with python_avatars 金Yāsir says:

    Damn! you explained it so simple. I went through so many youtube just understand this. Thank you!

  13. Avataaar/Circle Created with python_avatars Victor Gonzalez says:

    Good video Ross

  14. Avataaar/Circle Created with python_avatars Risky Trade says:

    You’re the life in the trading market of YouTube area for us knowledge hunters.

  15. Avataaar/Circle Created with python_avatars Alex M says:

    That’s exactly the kind of breakdown I needed! Thanks, Ross

  16. Avataaar/Circle Created with python_avatars George Sredo says:

    Hi!
    I am very confused by Fidelity "professionals" who are helping over the phone, every time something new and different?!
    I have same as you IRA and Margin over 25K (63K margin buying power) accounts. yesterday I have made 5 quick buys and sales about 25K each, proffited about 1K (none of sales were for loss) and when trying to do 6th I got message: "(354017) you do not have enough day-trade buying power to day trade this position, at Fidelity first I was told as you are saying that on margin I can buy and sell as many times a day as I want but now next person is saying that I am in violation even it does not show on my account under violations? Please help.

  17. Avataaar/Circle Created with python_avatars Phil413 says:

    Such a helpful video. Thank you!

  18. Avataaar/Circle Created with python_avatars Grupo Scalybur sa de cv says:

    Ross, i live overseas. is there a way i could get a margin account? or i could only work with cash account? new to all this stock trading… Also, what you do is that Forex trading or Stock trading?

  19. Avataaar/Circle Created with python_avatars sam s says:

    Best tutorial ever on trading account info….thanks

  20. Avataaar/Circle Created with python_avatars luis chavez says:

    On lightspeed should I do per share or per trade?

  21. Avataaar/Circle Created with python_avatars XX YY says:

    Thank you. When I am confident of my knowledge and skills I am going to try my hand at day trading, beginning with a minimal account. Toward that goal I find your videos very useful. Thanks again & thumbs up!

  22. Avataaar/Circle Created with python_avatars Big Brother Vip Albania says:

    Hi dear Ross; I wanna thank you for all your helpful videos that you’re sharing with us in daily basis. I’d also like to ask you about Lightspeed platform. I’m from Sweden and was wondering if I could open an account with them? What requires for none US citizen? Thank you again.

  23. Avataaar/Circle Created with python_avatars Raymond M. says:

    Thank you for the simple information, read this about this on motley fool

  24. Avataaar/Circle Created with python_avatars Cory Blanchette says:

    Ross can you have a margin account within a ira? Meaning is their a trade in a ira like a margin where the money will be available as soon as you sell like a margin account

  25. Avataaar/Circle Created with python_avatars Rez Rez says:

    Which broker do you use ?

  26. Avataaar/Circle Created with python_avatars Legion of Light says:

    Thank you Ross alot

  27. Avataaar/Circle Created with python_avatars LOYO Media says:

    I want to learn how to play this games like real bad asss Pro, what do i need ????????

  28. Avataaar/Circle Created with python_avatars Adam Woodward says:

    Can you use margin when you trade with your IRA account, as long as you meet the $25,000 minimum?

  29. Avataaar/Circle Created with python_avatars Kamran Ijaz says:

    Thanks heaps for the videos. How do you check the chart from history mate?

  30. Avataaar/Circle Created with python_avatars Matthew Cline says:

    I'm trying to get into day trading. Are there any books you could recommend that covers in depth all aspects. I want to have a great understanding of terminology and know what to expect.

  31. Avataaar/Circle Created with python_avatars Tami S says:

    Awesome 👏 appreciate these kind of videos for beginners.

  32. Avataaar/Circle Created with python_avatars NonBidenAry says:

    Ross do you think you can do a lightspeed demo showing us how to short and buy stocks quickly

  33. Avataaar/Circle Created with python_avatars Anthony Karoussos says:

    Thanks Ross! I've been wondering what the differences were for those account types. I'm currently a full time student and am loving your work. I plan to join the warrior trading pro team either next year or the year after. What account would you recommend for a day trader attending your course?

  34. Avataaar/Circle Created with python_avatars Oliver Torres says:

    Thanks Ross. Very well explained!

  35. Avataaar/Circle Created with python_avatars FibroJester says:

    UStockTrade cash accounts settle the same night. And they only have $1.00 monthly fee, and $1.00 per trade commission fee. Very good deal. Although some times it lags. Also no PDT rule.

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