Its also worth noting that a buy order is what counts as the trade. Meaning you can scale out of trades and it will count as 1 day trade.

Thanks so much!!!

ETRADE confimed that PDT Rule ONLY applies to margin accounts. There is no PDT rule for cash accounts.

You have to wait until the cash settles into your account after each trade for cash accounts and that normally takes 3 business days. Google the "Good Faith Violation".

Have told you before to buy" How To Make Millions DVDs," if you buy it you will avoid alot of problems, plus you will educate yourself a great deal. If your trading without a strategy/structure, time will unfortunately get you.

To bypass this I opened another broke account through my dad so I can get 6 trades versus 3. You are just hitting the PDT rule which doesn't allow you to place more than 3 trades within 5 business days if your account holds less than $25k.

The Best advice for Cezzar, is to get a good base knowledge of the Market by Studying , papertrading, starting small .. And following the Rules! A vast majority of people trade right outta the box fail extremely fast. The Market is Unforgiving and will give no Mercy. I honestly have lost count of traders that try to Real trade first they always blow up the account.... By your questions from a trader to another Please be patient and learn more your not ready yet give it some time.

I paper traded for nearly two years prior to Real trading.

Thanks! I'm trading slowly myself to try to put practice on small trades while I learn. How many hours do you feel you've studied/watched so far?

I've watched all the free content I could from his YouTube. It is inspiring. My most recent trade was TCW.TO that I got for an ASP of 2.08, currently just over 5.00. Im up around $40,000 but getting greeding and holding.

I studied for about two hours for a few months, went through trader checklist a few times and normally monitor the market every day even if I'm not trading to learn patterns. Knox take those profits man!

Two hours a day*

new to trading - thanks for video - question - what is the software utilized in your video ?

Think or Swim. Its by TDAmeritrade.

@Youn_gun706 hi I am trying to change my minimum amount but can't find where you change it in marketwatch, can you help

Once you create a game you can't change it. join mine I think the minimum is like 50 cents

@Scotslassie www.marketwatch.com/game/adam-and-quan

Thanks youngun706