
@baloffe Thanks for the tip. On another issue, (and I apologize for asking such a boneheaded question) but ETrade says, "You're considered a pattern day trader if you regularly buy and sell the same security on the same day in a margin account and execute four or more such trades within a period of five business days.*" So, if you're only using a cash account, you can do as many trades as you want?
@Arbi717 You can't really avoid it. My advice is to save up $500 more to short and focus on the best plays. I made a blog about this if you're interested http://profit.ly/user/StarSeedz/blog/tho-thos
Thanks. I appreciate the advice. Perhaps I should hang on for a few months and start with a larger sum.
I did a international money transfer, I from Australia was easy.(It took a couple of days for it to clear).
Mine just cleared and took about a week.
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@tenaru87 just became a fully transparent trader today!
Rick, check out my recent two blog posts for a heap of potentially useful chart patterns and signals from the most recent trading day. I'll be uploading regularly.
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