lessons learned about my own weakness of hesitating to exit when I think about settled funds which is like the PDT for a cash account. How I plan on overcoming this weakness and a walk through of how this weakness cost me more in the long run.
Posted Dec 29, 20 8:51 PMbyTessaLamping
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Price Action: Buying Dips/Panics
Related Trades
Received 3 Karmas
I think the PDT rule should be 3 Day Trades per 5 business days as usual, but a trade is not counted if % Loss on a single trade is no more than 2% loss on the capital they put into the trade. This will help new traders or small accounts to cut losses quickly without hesitation. I believe that is what most day traders under the PDT rule hold onto a stock too long cause they don't want to lose a trade opportunity.
@WicKeD i shouldve been more meticulous
Sweeeeeet video, very informative.
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