I am having a very hard time trying to grasp the concept. I understand all the basics of trading, I have watched the HTMM dvd multiple times, I research like I am preparing for a doctoral degree, I use a journal, etc. I mean I put in the work but I am still having a hard time. I still have a good amount of funds remaining my account but I am in the negative. I am trying to get about $30,000 so I can use another broker besides Suretrader. Not a big fan of them. Its really starting it mess with my head. Because I feel like I am doing it right but it's clear that I am not because I am losing money. Please any words of advise. I can really use some strong words of motivation.
Posted Nov 09, 15 6:08 PMbykissazz
Categories
Basics
i thought you could trade interday just as long as you dont trade(buy and sell) more then 4 times in a 5 day trading period. ?
and still be ok with a small account under yhe PDT rule?
Vicky, one of the most boring things to hear is the subject of - experience. It counts for so much in the trading game, as it plays a HUGE role in technical analysis particularly. Journalling and putting in all that time extra work counts for a lot and is a great habit to keep in place despite no immediate signs of a related payoff for your efforts. Keep it up.
Also, have a look at some of my blog posts. I upload a collection of charts with buy/sell signals indicated. Funnily enough these are the same charts that I still save to my journal as part of my ongoing traders homework. The idea came to me to just start sharing them here to help newer traders. I update 5 times a week and the images are hi res and very clear.
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