PDT - John Hancock Premium Dividend Fund 0 WATCHERS

Not financial advice. How about starting with swing trading? If you insist on day trading with a small account, look into futures indices where there are no PDT rule. Look for platform that offers intraday margin which requires less than $200 in your account to open a contract, but you …

Been doing this for a month and here’s what I’ve learned so far. I’m in a position in my life where I have some extra cash. It’s taken a while to get here, but I’m thankful. I decided about a month ago to start playing around with some day trading. …

Why no cash account, poors? No PDT since you see don’t have 25k and stops you from making 20 losing trades a day by waiting for cash to settle next day

Wouldn’t touch SMX with a 10 foot pole but man trading halts should be completely abolished. It’s such a brazenly blatant manipulation tactic and should be illegal. Same thing with PDT rules “Oh we’re just trying to save you from losing money!” my ass.

This has been true for me for a long time. My rules are sell all pops (>10% daily move). This gives you ammo to reaccumulate. If you see profit, take profit is what I say. As long as you are doing the opposite of others, it is usually good. Greedy …

My technique was to lose so much money on hopeless SPX 0DTE reversals that I dropped below the PDT rules account minimum, thus preventing me being able to daytrade.

PnL of mean reversion strategy This is the live performance of my strategy over the course of today. The strategy is catching small movements on high volume stocks like NVDA, AAPL, or MSFT. If the bid moves less than 0.15 standard deviations in 1 tick, the strategy buys/sells in the …

SEC needs to approve of the PDT rule change like right now. Them guys taking too long .

Short term investing is rough because one month is basically gambling. The market doesn’t care about your timeline, and it can swing for any reason. If I had to do it with only 1000, I wouldn’t touch random small caps. I would stick to something with real volume and real …

why not trade stock CFDs you dont need PDT capital for that. if i traded stocks i would study the hell out of qullamaggie

Loan, Losses, and Lessons - The PnL I’m Humbly Proud to Share in Shame https://preview.redd.it/unqn0jblzu4g1.png?width=1910&format=png&auto=webp&s=c1c802343d761d0f231d4c8ed0617a43c1ac62a6 A bit of context and an update on a journey I’m finally coming back to. I first got into day trading in 2019. I did what a lot of beginners do – I threw money …

PDT rule :)

I am not sure if this got lost in the shuffle. But, BFRI just made an application for a drug which appears to have already passed phase 3 trials? as in, next step is simply the approval and then product to market? I am not familiar with biotechs really so …

Yes you’ll still be tagged as PDT even if you have over 25k but it doesn’t matter. Being PDT isn’t negative it just means that you can’t fall below 25k anymore without losing day trade ability. So the warning doesn’t matter for you. If this was your first time getting …

PDT rule 90 day Hi I received the PDT BAN yesterday because of lack of funds. Today I deposit enough money to bring my account up to 25K+ I then tried to day trade but was hit with a warning I will receive a 90 day trading ban. If I …

Does IBKR Make Small Accounts Unnecessarily Hard to Trade With? Hi everyone, I’m currently learning to trade with a small account ($800) on Interactive Brokers, focusing on swing trading with the occasional intraday opportunity. I chose a cash account specifically to avoid PDT restrictions and trade freely with settled funds. …

Dang it, I thought my last trade was cash and not margin. PDT here I come. **😞**

When the return is not worth your time. Focusing on fewer assets or one asset is indeed a thing people do. TQQQ and SQQQ are not stocks they’re leveraged ETFs. You need more capital to profit from the moves compared with something like futures. Cash accounts have limitations, and a …

PDT changes? Hi all! I'm wondering if there has been any movement on T's proposed change to PDT, from $25k to $2k? I read that it cleared FINRA back in the summer, and was waiting on SEC approval. It seems like such a significant change to the rules would warrant …

You can trade unlimited debit spreads in a sub PDT account just by boxing your trades instead of closing them. It just requires double the BP usage, but it doesn’t count as a day trade since both trades are held to expiry

1 the app is the software, it has nothing to do with the rules. That's the broker. The broker sets the rules and conditions... the apps is the buttons you have to send instructions to your broker. 2 you can day trade without PDT by various ways, the most common …

The PDT, pattern day trader, rule applies to margin accounts. You should be able to day trade with any broker using a cash account. I use Schwab (ToS) and Webull.

New PDT Rule Updates? Check daily to see about any news on the $25000 PDT rule change to $2000. I like Debit Spreads, but are not allowed if I go to a cash account on Robinhood. We are only are allowed can buy a Put or Call with Cash account. …

If you started with 2k how did you get around PDT rules?

I’m guessing (and if I missed this my apologies) you aren’t in the US, due to PDT?

It will be easier to trade if you have account size of at least 25k (PDT rule).

Pattern Day Trader (PDT) rule would be a factor and could be an issue depending on your trading style.

I like using xsp instead. Its not as liquid. But its cash settled and it trades similarly. You never have to worry about assignment or getting blasted somehow. Plus I don't have to worry about PDT rule

Do you really need 25,000 dollars+ to short sell? If I opened a margin account with 5,000 dollars. Can I open and close a short position with 10 shares of a 10.00 stock as long as I maintain collateral and equity requirements the broker requires me to use (usually 150% …

Even better: be more realistic with your goals. Don’t aim for 1% a day. 0.5% and under. Will you make tiny gains? Yep. But they’re predictable. The harsh reality many of us don’t want to accept- we’re not Ross Cameron. We’re not growing a $5k account to $1m. Success in …

PDT flag today because of panic retardation

My advice would be to find a family member or someone you trust to partner with to open a $25,000 account (PDT requirement)where you can legitimately daytrade more than three times per day . Find a $10 stock and start with one share and scalp for pennies. Use the DOM, …

My small Robinhood account can't sell my UNH calls up $2.5k cause it's marked as PDT. I wish I bought these in Schwab. I bet it dumps again Monday. 😂

If you're in sub-PDT and haven't been flagged by your broker as "closing only", you can always box-spread positions...but this only works on spreads the idea is that you would want to sell the opposite spread (if initial trade was a credit spread) or buy the opposite spread (if initial …

Or wait a couple months and the $25k PDT rule is changing drasticlly. [https://www.tradersmagazine.com/featured\_articles/finra-approves-overhaul-of-pattern-day-trading-rules-opens-doors-for-smaller-investors/](https://www.tradersmagazine.com/featured_articles/finra-approves-overhaul-of-pattern-day-trading-rules-opens-doors-for-smaller-investors/)

Or.... hear me out. Futures and futures options don't count towards the PDT rule. Index options, like SPX, NDX and RUT, do count towards PDT, but, if you're confident about where price is likely to end the day, you can put on a 0 day to expiry options position and …

Sounds like you’re trying to con yourself. The title of your post is Bypass PDT rule, but your justification is investing for better returns. Which one is it?

Bypass the PDT rule with a 401k loan Hi all, I’m thinking about taking a $30k loan from my 401k and putting it into my day trading account to buy the same ETFs I already hold in my 401k. That way, I don’t have to worry about the PDT rule, …

In my opinion it is possible to be successful at day trading but for me when I lost the most is when I took too much risk with a small amount of capital. For me even trading a $30k account is tough because you are just barely above the PDT …