Thanks all for your advice! Here is the update: my account balance dropped to about $24.5K, I cut my losses nearly at the very bottom, felt very...
I'm closer to the PDT penalty. Scared money can't win, the lowest balance was $25001.:rolleyes: [ATTACH]
Another bearish day, placed a few orders and cancelled all before they were completed. My brain just can't get used to short trades. No rush, if I...
Thank you so much for your all honest and very helpful advice. I decided to reduce my trading size significantly so that I can remain calm while...
Thanks, Chris, I realized the main reason of my failure was that I was going long in a bearish day. I haven't got to used to short trading, my...
I wasn't firm on the maximum loss per trade, and didn't follow my rules strictly either. Thanks, this is very helpful. Previously I invested $10K...
When the account value drops below $25K, the day trading was disabled, not the account, right?
I had a very high success rate before last Friday, hope it's not just new trader's luck. I'm fine tuning my trading rules every day. If I don't...
You must be a very funny guy, why I always find you posts hilarious. :p
Thanks :D, and I totally understand that, but I don't want to stop trading, I want to learn from trading.
Thanks, I will be more careful, cut losses quickly.
Yes, started trading since two weeks ago.
No, just stocks. I kinda lost control after I lost the first $300, tried to get it back quick, doubled my investment, then lost more. I added...
Last Friday was a really bad day, I lost $1K, now my balance is $25100, as a pattern day trader, I only have $100 to risk. Next Monday is very...
The best way is investing, if you are rich enough. Check out EB-5 program https://www.uscis.gov/eb-5, you need to invest $1M and can afford to...
Never mind, my old broker has disabled my trading privileges.
I'm transferring my account to a broker via ACATS for (much) lower commision, I do dozens of day trades every day, and always sell all positions...
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