@dux i have an account over 25k but the PDT rule. i want to know what's the smarter move? should i split my funds and have more than one broker account or should i keep the 26k that i have an trade as a day trader. my problem is if i make a losing trade and my account falls below the 25k i would be have already been tagged as a day trader and would have to add funds.
@trader2k7 just became a fully transparent trader today!
I would keep approximately 30k in your account, even if you dip below 25k before closing a position, they can halt your activity.
Just treat it like a smaller account and stay disciplined to your strategy. If you're only comfortable trading with 5k in a position at one time, then stick to that or less. Take profits and cut losses quick if they didn't do what you thought it would. Not worth the risk!
i would say follow the pdt rule even if it doesn't apply to you and trade safely until your account reaches more than 30k or even more then start to flex your trading a little more but it's up to you what to do.
Ya not so confident yet keep following for now already have two account so that's not bad
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