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smillie327
smillie327 Aug 08, 16 10:22 PM

You can have a cash account (no PDT to deal with) and open a seperate Margin account (subject to PDT) for 3 shorts in 5 business days...I like cash account for small $2000 account b/c U can have 6 or 7 trades per week taking smaller positions while U learn how to trade and get used to the emotions of trading with real money and not just paper trading...2 completely different experiences.

sarang96
sarang96 Aug 08, 16 11:08 PM

I like PDT , It teaches you how to trade not to gamble because you have to be picky and think about it . You can do the cash but even if you enter a trade with $500 you have to make at least 2% to 5% gain depend on your broker to just cover the commissions ! If I were you I would stick to my margin account and try to grow it .

sarang96
sarang96 Aug 08, 16 11:11 PM

Cash account is not for learning if you dont know how to trade open a paper trade account . Over trading and FOMO are the worst things can happen to new traders and they can kill your account very very soon . However , If you think you know what you are doing but you are not successful because of PDT you can start USTOCKTRADE .They have low commissions and no pdt

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