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PocketPAT
PocketPAT May 07, 5:47 PM

@kylecw2 Thanks Kyle!!! Is that Interactive Brokers scale-in PDT rule still applicable? Where you can open a position, scale-in with more orders, sell the position and it counts as one day trade? Is there anywhere online I can find information on this? I couldn't find anything on IB's website regarding how they count day trades.

kylecw2
kylecw2 May 08, 3:26 PM

It worked when I did it back in July 2018 when I was still under the PDT. I don't see why IB would change it. You can always call them up and ask to make sure.

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DominicanWolf
DominicanWolf Mar 23, 6:34 PM

Great post! So motivational thank you for posting your journey Dominic!

jackfinn
jackfinn Apr 29, 11:30 AM

Wow.. That is truly a great blog post! Thank you so much for that Dominic!

hertling_sebastien
hertling_sebastien May 05, 3:57 AM

Hi Dominic, this is a great post. Thank you for sharing your story and tips.

ShortNSqueeze
ShortNSqueeze May 16, 12:14 AM

Thanks, read twice and watched the video. Never give up, the consequences are too high!

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SimontheChamp

@kylecw2 Nice turnaround on that profit chart. You should make a blog post about your journey so far. What has made you from a losing trader to a profitable trader etc..

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kylecw2
kylecw2 Jun 22, 18 7:25 PM

Thank you! I certainly have thought about that. I'm actually very close to getting over the PDT rule so I'm thinking once I do that I'd be happy to write one!

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kylecw2
kylecw2 Apr 18, 18 11:02 PM

Awesome to see I had the exact same thinking! I specifically avoided CANN because it was the most overextended and would be the best short. I didn't take BUDZ and KSHB till the end of day but choose them for they had the most volume/ best risk/reward. Thanks huddie!

ZachR
ZachR Apr 21, 18 8:44 PM

Thanks for posting and being a big help to the community keep up the good work

RoyCreditor
RoyCreditor Jul 30, 18 10:55 AM

I chose the wrong chart today so this video was incredibly fitting

ZachR
ZachR Oct 18, 18 11:03 AM

Thanks again Huddie

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EZTrades
1
EZTrades Jan 20, 18 6:36 PM

Just remember, you must learn how to lose before you can win. Tim G blew up his account SEVERAL times before becoming profitable. Keep at it brotha. Cut down position size, stick to your plan, and most importantly, cut losses quickly and move on. Learn from your mistakes.

AltonDinger
1
AltonDinger Jan 22, 18 7:26 AM

Yes, it hurts to lose. But, I believe that you are building your trading character and wisdom. I have learned from Tim.I only use about 10% of my portfolio to stop the pain.

Mpalex
2
Mpalex Jan 22, 18 4:23 PM

It's not a loss if you learn from it, but tuition.

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