I have been debating on SureTrader for awhile, and finally I have decided to pull my account at Interactive Brokers and put it in to SureTrader.
The PDT rule has greatly influenced my trading, making me feel like I have to nail every trade to avoid taking not only a loss, but also losing a day trade for the week. This limits my ability to size in and size out of trades in my price ranges, I have to take all of my position I want. Any secondary short or buy will result in 2 day trades, this is greatly influencing my strategy in a negative way.
I hope this will allow me to be more fluent in starter positions and limit emotions, above all I hope it will allow me to be more patient and trust risk levels. After all I already know my risk before entering the trade. The loss of money if I am wrong is not the problem, its the loss of an oppurtunity on a different setup later in the week.
I will look to pull the suretrader account and consolidate all capital into Centerpoint upon meeting the account minimums, I am excited to see what new doors open up due to this new broker.
I'm doing the same thing currently. Good luck!
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