timothysykes
2
timothysykes Nov 23, 16 9:01 PM

No it doesn't, you just need to hold stocks overnight or trade less...it forces you to become a better trader

Knapp617
Knapp617 Nov 24, 16 6:12 AM

Well I took the trade because it looked like the stock pattern was changing direction and it was holding 5.80 pretty solid ....Tim Sykes you are the man I watch you all the time but the pdt rule still sucks a person should be able to trade as much as they want

Knapp617
Knapp617 Nov 24, 16 6:15 AM

Not saying it won't make me a better trader

KShim
KShim Nov 24, 16 7:26 AM

I would suggest that you check out Mathew Owens' Trading Around Equilibrium DVD, and trade futures. Futures have no PDT rule. My account is at 2600 atm and I can trade futures to my hearts content. Just be careful with them because money can leave your money fast with them. You also have to employ a different trading strategy with them, or at least alter Tim's strategy to trade them.

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