opening an suretrader account today no thanks to pdt rule( F**k PDT) wanted some input from current users and former, on their experience with suretrader THANKS FOR YOUR TIME!
Posted Feb 24, 16 1:26 PMby91JamesMassey
Categories
Basics
opening an suretrader account today no thanks to pdt rule( F**k PDT) wanted some input from current users and former, on their experience with suretrader THANKS FOR YOUR TIME!
pdt rule may be good if you have a smaller account so commission dont eat up all of your money and you dont over trade.
@longstoryshort about how long did it take from signing up for your account to funding it?
The PDT rule was created during the dot com boom to protect small investors from themselves. It was the Wild West back then. Stocks went like 500-1000% in a day. Some people made tremendous money (like Mr Sykes and Mr Cuban) but a lot of small accounts blew up and had serious margin calls they couldn't pay. Some people lost their homes and their lives. There was even a shooting spree in Atlanta. So use margin responsibly and trade like a castrated choir boy. No hopium. Learn from the pas
@longstoryshort Thanks for listening IDIOT. I am glad you like suretrader
Join now or log in to leave a comment