Chronos247
Chronos247 Aug 05, 16 12:26 PM

Thank you to everyone who helped me understand the rule! So I just want to confirm one more thing...from what some of you have said it sounds like swing trading is exempt from the PDT rule. Meaning you can open a position monday afternoon and close it tuesday morning and this doesn'

Chronos247
Chronos247 Aug 05, 16 12:27 PM

doesn't count towards your 3 day trades. Am i correct?

Aromo
Aromo Aug 05, 16 12:43 PM

yes, swing trading is no problem as the transaction is on a different day. :)

tradethedayaway
tradethedayaway Aug 09, 16 10:04 PM

Please feel free to correct any of my misunderstandings here, but the PDT applies to intraday trades - trades that are bought and sold (or shorted and covered) within the same day. Swing trading describes the style of trading in which stocks are typically held for more than a day as opposed to day trading which describes the style of intraday trades. I am sure people who describe themselves as one or the other will make both kinds of trades. But, if the PDT rule is something that may effect y

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Aromo
Aromo Aug 05, 16 12:42 PM

@Gibran no twitter bro, pollo gnarly en el face!

Gibran
Gibran Aug 05, 16 3:03 PM

@Aromo Te mandare mensaje directo por profitly.

Wakko
Wakko Aug 05, 16 5:38 PM

@Aromo you know that 1 option contract is the same as 100 shares?

Aromo
1
Aromo Aug 08, 16 2:07 PM

@Wakko ?? you´re joking right? of course I know... if you see my trades (even I made the mistake of putting stock instead of option) I multiply x100 all the time to get the real profit

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ajtherens72
ajtherens72 Aug 01, 16 9:54 PM

Tim made his first million on buying breakouts

Aromo
Aromo Aug 02, 16 6:46 PM

with long term you mean 1 day, 2 days, 3 months, 1 year?

communist_owl
communist_owl Aug 02, 16 10:27 PM

on avg, 1 week..sometimes 2 or 3 weeks

Gibran
Gibran Sep 22, 16 10:47 AM

@communist_owl Pennystocks have limited volatility , watch out for that , so swing trading them is a whole lot different concept.

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marzsec20
marzsec20 Jul 25, 16 2:07 PM

Understandable. Simply trying to diffuse the negativity with a bit of humor. Nothing is full proof. Theres a lesson in this post as well, having to do with emotion conttrol haha. Jokes aside, lets finish this ManicMonday on a positive note! $Happy Hunting$ @timothysykes

banyan
banyan Jul 25, 16 2:28 PM

Tim, the issue has been resolved. Michael worked on it and sent me a link I can get into with https:// in front of it. I cannot get in through the dashboard as I always had been because it was not in the dashboard link anymore.

banyan
banyan Jul 25, 16 2:30 PM

Also, I do appreciate how hard you and your team works, I really do. It got very frustrating at 9:00am when I could not get in and was looking for ideas today.

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