3 day trades per 5 business days
It's for a rolling windows of 5 working days. At any given time the days trades should not exceed 3 within 5 working days. Hope this helps
Write your trades on a calendar, I have been on restriction a few times because I thought I had another trade. TD Ameritrade tells you how many day trades you have left but most other places dont.
You can make 3 trades, 3 buys 3 sells, in 5 business days. Thats the PDT rule
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Easy peazy
Wanna know the real secret to success. @Tradeu42 @BullRider007 , WORK, out work everyone else in your game, because they are working 24/7, 7 days a week, 356 to KICK YOUR ASS and you need to outwork them to be the best. Get to it
@BowlesTrader5 365
@Tradeu42 Holidays and closed market days, not counting weekends
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I'm not a student, but I play trending stocks on StockTwits as well as QQQ heavy hitters like FB and TWTR. I've watched the price patterns for FB for a year or two now. I'm not following my plan fully yet for playing it. I should...
Best advice I can give you is from this guy http://www.twitlonger.com/show/n_1sn0tff bookmark this link. Read it every weekend. Well, that's what I do.
if you've signed up for tim alerts or silver membership goto the chat window
use a scanner and look for the biggest % gainers trading with at least 500k in volume. then analyze the chart and the news to see if its worth playing.
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I look at the Bollinger Indicators. Supposedly it's good to buy at the low band and sell at the high band... but I'm still just looking at it, haven't used it over what Tim has.
CCI, Moving Average (21 and 55 day), Pivot points (occasionally with use of fibonacci), MACD, and Vortex Indicator. I know my stats are great but ever since I've gone with this setup, I have winning much more often
@ZacAce316 @ExaltedFeat Thanks guys, I am new to these indicators, I will now learn about them and try and utilize them :)
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[TimAlerts] $GIG new earnings winner
I appreciate this! thank you taking your time in sharing. It makes sense
i dont understand how to use this ? can anyone explain ?
@BullRider007 absolutely. This is an emotional indicator and best used when no technical analyse is done. Stick to what works and dump what doesn't work.
@DildoBeggins while trading feel your emotion then apply my chart and convert the emotion into a winning trade.
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I use Robinhood some, easy buying execution and selling, no shortselling and no triggers
Do they allow margin accounts yet?
not good, i have used it, it takes 3 business days for trade to settle, no margin all cash and a second or two delayed view (atleast what I noticed on my phone)
I use Robinhood for longs. It is very limited. You have a cash account and has a limited amount of Stocks to buy from. To get past the delay, I would set a limit order. That way you know what you are getting in and out of the trade at. It has a clean look and is set for the younger generation to get into trading. You will have to do your charting elsewhere. All in all, it is very limited. When they get the ability to have a margin account so you can short, it will be a lot better.





https://www.tradeking.com/education/options
Investopedia is also a pretty good source for learning about the basics. I also really like the Cottle book, Options Trading the Hidden Reality. It's dense but really covers hedging etc
thank you for all your responses and help. Hugely helpful!!!
If you have some time and want to learn ALL about options check out my guide! Took forever to make ha https://www.projectfinance.com/options-trading-explained/
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