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LizLele
1
LizLele Jul 08, 19 10:17 PM

So someone asked me that question : I paper traded for like a year. I am definitely under PDT , I started with 1k, I made a video about it. I started w 1k, and made 21 trades within two months ish and am at $860 now. I had a few good trades. I cut trades quick. Executions and fills are good because my size is small and I use Etrade. Emotionally you feel like your hand is in a blender and you are waiting for someone to turn it on. As you get better emotionally you see when the person who presses

LizLele
1
LizLele Jul 08, 19 10:18 PM

"loved this episode, however - you never really discussed how going from paper trading to real $$$ trading is different. Are you under PDT? Curious how much your starting account is? How about fills and executions? I am about to go from paper trading (10 mos) to real $$$... Really curious about the real life differences, and emotional differences..."

LizLele
1
LizLele Jul 08, 19 10:19 PM

"As you get better emotionally you pull your hand out quicker when the person who turns the blender on comes back. You take scratches instead of losing a finger.

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Received 4 Karmas
papajohn
papajohn Apr 04, 10:53 PM

@fokusan1 I don’t offer one myself. I’m in the Challenge chatroom every day.

KarenBoughan
KarenBoughan Aug 09, 4:09 AM

Hi. I was trying to watch the 30 day boot camp and ended up on the Orientation lessons. Tim was showing how you were way down and then managed to come back. I have been in the Challenge for nine months and am currently down 13K. Can you give me any insight into how you came back from your losses?

KarenBoughan
KarenBoughan Aug 10, 6:48 PM

Thanks. I am going to print that out and keep reading it.

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Jaykian720

Hey, Just a pointer - cash accounts are not subject to the PDT although 3 day trade settlement applies. GL

kjc9trader
kjc9trader Dec 28, 18 6:16 PM

...so what would you recommend for an opening account of $5000, to best deal with PDT? I am about to go into real $$$ from a TOS paper trading account... Thanks!

Jaykian720
Jaykian720 Dec 29, 18 4:12 AM

Depends if you short or not

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TimLento

Power Hour Stocks: What Is It and How Do I Take Advantage of It? https://www.youtube.com/watch?v=Z32njo_LiqQ

Received 12 Karmas
jaco83
jaco83 May 06, 12:24 PM

Thank you for that video, Good information!

SkiTrade
SkiTrade May 06, 3:34 PM

Yes, please leave more videos on basic topics.

phred
phred Jun 11, 4:08 PM

actualy, one of the most useful - helps me direct my focus - which was somewht absent.I've been in the challenge forabout six weeks, still struggling. I always seem to be late getting to theparty. Etrade is very cumbersometo trade with. I've ost money just trying to get abid in - much less get a fill at a good price. Oh well, I'll keep at it - it is startingto make sense - this videeo helps a lot.

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