Neil2018
Neil2018 May 18, 12:11 PM

@marzsec20 So I can already day trade with my current TD Ameritrade account then? Is there a minimum balance in TD Ameritrade to be able to day trade? I am more interested in just being able to day trade vs shorting anyway. Thanks for taking the time to answer.

marzsec20
1
marzsec20 May 18, 12:29 PM

yes, however keep in mind that the funds you use for any particular trade will remain unsettled for a day or 2. Size your positions accordingly

Snake89
Snake89 May 18, 3:47 PM

I can go long and short on ETrade. I used them back in 2014 and they never had shares to short. Needless to say they have gotten alot better and I can usually find shares to short. I know the feeling, sucks to only trade one direction. Definitely a handicap when the tide turns lol.

Snake89
Snake89 May 18, 3:47 PM

You need more than 25k to day trade (exit in and out in a day). Otherwise, you fall into the PDT rule if you get in and out within a day, in the rolling 5 business day. Your account will be locked for 90days if you do that.

Join now or log in to leave a comment
Received 4 Karmas
Turbobob
1
Turbobob Jul 13, 17 10:13 PM

No. I trade each day the same.

IceMan14
IceMan14 Jul 14, 17 7:17 AM

PPHM is a good one also, above 5.50 and possibly it could run to 7. $1bn market cap and 247m float

marzsec20
marzsec20 Jul 14, 17 11:22 AM

HIIQ, in at $26, out at $26.20. Didnt see the price action I was expecting this morning so I got out. ... Boy was that a mistake haha. Left ALOT on the table!! #Patience101

IceMan14
IceMan14 Jul 14, 17 12:15 PM

TWTR is also a strong possible breakout

Join now or log in to leave a comment
Page
of 4