DVDs I Recommend:
Trading Fears:
1.Being Wrong
2.Losing Money
3.Missing Out
4.Leaving Money On The Table
"The Market can do anything at any moment." Mark D.
"The Market doesn't owe you anything." Mark D.
"Market time is the time for execution, not planning." Matti O.
"The lowest common denominator in every trade is your emotions. Greed keeps you in, pain gets you out." Francis H.
So effectively this means you have 1000 bucks / 20 = 50
50 bucks a trade 20 times a week
10000 / 100 = 100 day trades a week
100 day trades total commission cost 0 no pdt rule
= small account dream
Understand that this is an exaggeration and in no way do I think that one should trade 100 times a week but still. How did I just now find out about this?
also you could solve your cash account issues it sounds like if you just used say 75 percent of your account for the week and divi that up for how ever many trades you wanted to make
So effectively this means no more missed opportunities because of PDT BS and since we don't use margin anyways who cares
The only other option is paying like 30 bucks a commision at a offshore brokerage
@TYMTT you're awesome. I'm going to use margin this coming week food momentum trades I quick profits but I definitely plan to transition into cash account in the future
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