@BarrettP Here's a post by a fellow member regarding the PDT rules... https://profit.ly/user/krs1/blog/the-pdt-rule-guide Hope this helps you in the future!
Don't trade yet and get educated. Start with Michael Goode webinars, they are hidden gems. Then watch Sykes and Grittani DVD's at least once. Follow the market. Do this for 3-4 months, then rewatch the DVD's. Don't get distracted by the chat room and trying to trade. You are not ready yet. Get a decent broker and get use to the trading platform by paper trading. Try to get 50% winners before putting real money in. Most of the time, timing the trade it is all the secret. After a year of the Chall
Challenge, this is my best advice.
By the way, most brokers will remove the ban on your account the first time you get banned for the PDT rule. Just call them and politely explain you didn't realize the rules and they will usually take it off of your account. Just don't do it twice! Good luck.
Hey, for avoiding lots of commissions: https://profit.ly/user/Skiwi/blog/for-profitable-people-who-lose-money-on-commissions
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@BarrettP just became a fully transparent trader today!
I guess I'm not the only one struggliing with trading cheap stocks. :)
@King_Ramza Not at all!!! we're all struggling... its all one big hope, except the chart patterns don't lie!
@King_Ramza yeah man them cheapies always screwing with my head
@BarrettP yup! we all need to work hard for success, 90% of traders lose, its okay to struggle as long as were studying :)
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