@HoustonParker calculate risk entry-stop

@GraniteState So what are you suggesting per trade?

@HoustonParker you need to figure out what you're comfortable losing per trade and calculate postion size off of that. A year ago when I was trading with a $6,000 dollar account I was doing it backwards using 500 per trade with out knowing what my max risk was.

@GraniteState I messaged you so we dont have to have a mile of comments.

@GraniteState Thanks. That sucks though. Even Robinhood shows me when hey will be available for trading. Guess I just have to always be ready for when they become available.

@GraniteState Thanks for your help!

Just remember t+3 close a trade monday=t + 3 money would be availble Thursday morning

Hey! Sounds like you triggered the PDT rule by placing 4 day trades in one week. Like Granite said, they'll give you one reset but that is the final chance forever. During a margin call you will only be able to close open positions, so that's why your purchasing power was $0. Cheers!

Futures are really interesting their my next learning goal. Focused on Forex right now some really nice perks on Forex as well, no pdt low fees.

Have you looked at Options? I'm experimenting with them at the minute. Obviously the PDT rule applies to Options, however, there is less upfront risk because of the lack of obligation to exercise the contract.

Still great trade and even better getting your feet wet in other things to expand your portfolio.

@TakeMoney Think @Fatbeetrader would disagree about not making that much in forex.

@GraniteState Tnx for answers.. Im planing to fund with Skrill - and if make something also withdraw with them. Ouch his dope. I didn't say u can't make big money, but thats low % per win.. And im study pennystock for about 3months grrr :/

@TakeMoney low % but adds up. think it would be easier to hit 5 1% a week then 1 15%, which is what i was trying to do I think was aim for home runs instead of base hits.

@NJC24 not being us residents we don't have a pdt issue. I would think your issue us more finding a broker that will five you the ability to trade for a decent price per trade. Sadly if you can't save IB which I strongly recommend then you are limited. I only use direct access software. I too am an UK citizen but have dual with Canada....PM your name and email I will have my CDN broker contact you and you can see if it helps.

Falling into the same trap I did. Use the 2% rule. 2% rule most you can afford for a loss with 2k is $40.

Typical bagholder. Of course I recall when I was a bagholder with 777 shares of $ACI, then the reverse split came, turned into 77 shares, sold because it was tanking, and then three weeks later it spiked. Could've profited $800. Sometimes being a bagholder pays $$$ off.

Yes im hoping to go into a morning spike which it will it was a LONG weekend and market was closed on friday so monday should have a nice little spike and then fall flat on its ass.

Just remember with GSI AM spike Thursday it peaked within 2-3 min. of open and then retraced...watch early pre market for trend and activity!