I have not been trading the past few days because I have decoded to switch from E*Trade to Suretrader. Although I think Suretrader is a piece of crap, it does follow my trading style of being able to short low prices stocks as well as have unlimited trades. Originally my original capital started at $1,000. This time around I am going to start with the amount that I know will work best of $1,500 of original capital.
The only reason I opened up that E*Trade acct. was because I was working with a trading group an rushed it. I learned that I have to go at my own pace, especially if I am trying to be in Tim Grittani's shoes.
Posted Oct 04, 15 3:42 AMbybraxtonnunnally
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@ezbro ST does not enforce the pdt rule. Therefore you can trade as much as 5 times a day, or 45 times a day, whatever your trading style is. Theyre commission fees are much lover than E*Trade too.
Me too just to trade with a smaller account (too reduce ego) and with my IB I'm just going to write options.
Hey, this unlimited trades thing is a blessing as well as a curse. Just ensure you don't take revenge trades to try to turn successful. The PDT really teaches you to stick to the rules and trade wisely.
I thought about going ST a while ago but decided not to with all the horror stories being told about them. Horrible executions, tons of hidden fees, poor customer service and a hassle to get your money out. So I'm fine with staying within the pdt for now.
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