this woman is giving it all away. The knowledge that is , glad there is no pay wall... bless you lady
@garbizwal
4 жыл бұрын
@@HumbledTraderOfficial Yes thank you. PS just across the water!
@rai4241
4 жыл бұрын
@@melvinbaker7890 Lol
@MrMed-hl2fq
4 жыл бұрын
@@melvinbaker7890 She is Not selling a course.
@MrMed-hl2fq
4 жыл бұрын
@@melvinbaker7890 I guess there is something wrong with you! If you want to trade WITH HER stock picks there is a Fee. That's NOT a COURSE.
@christophertone9566
4 жыл бұрын
Yes she sells a “course” but she gives a lot of free education. I joined her email watchlist which is free. She’s awesome. If people want to spend money on courses, great. I never paid a dollar on education. I’m successful now. Partially thanks to her
@dietmarstahl8888
Жыл бұрын
Finra PDT rule is discrimination. While large scale traders are allowed to day trade small investors are don't. Therefore Finras PDT rule is completely illegal. All traders should file a class action rule against Finra for this discriminatory rule!!!!
@danielrivera1833
9 ай бұрын
How do we start? Is there a group on Reddit ? We can’t ban together if we don’t speak.
@davidhensley3009
8 ай бұрын
Yeah, seriously... I'm down
@y2k4ed
8 ай бұрын
I said as much to a FINRA representative. They were not interested. FINRA is not law. Finra does not write laws. They apparently write rules which stock brokers and others must abide by to be able to work their business. I told the guy at TD Ameritrade that he needed to stop calling it a law.
@HwamokandSteel
7 ай бұрын
I’m in. I just ended up in a situation where the market moved against me and was left with the option of either holding the bag or breaking this dictator style rule to cut my losses. I chose the latter and now am paralyzed as a trader.
@y2k4ed
7 ай бұрын
@@HwamokandSteelKimosabe this is what you do. You open a new account with the same firm. It’s that easy. Trucking companies do it all the time. I had to do four day trades. They cancelled my account then I got a totally new account. It’s all BS.
@tallyjbud
3 жыл бұрын
After a month of beginner research, this woman just answered so many questions!
@jayding8539
4 жыл бұрын
Ways to get around PDT rule: - Use a cash account -Open mutiple margin accounts -Open accounts with offshore brokers -Buy and swing overnight Tips: - Keep track of your day trades -Do not force trades -Never turn a losing day trade into a swing trade
@teifaf6036
2 жыл бұрын
You're hired lol 👊
@sundancer7381
Жыл бұрын
@@teifaf6036 Love you, Humbled Trader. Just got this figured out with my broker. It's one phone call to change account from Margin to cash. LOVE!
@BearCrossStudio
8 ай бұрын
I sold my trade not realizing it was still the 5th day and my 4th trade. I thought I had 4 trades a week not 3 😪
@garciadany6759
8 ай бұрын
I’m new to trading and don’t know much, I’m studying it, I’m the kind of guy that would swing trade 🙈🙈 much to learn I guess
@juliaamber3483
4 жыл бұрын
The PDT rule is so damn annoying, I am never going to make that Lamborghini money. I have been trading for only 2 or 3 months and not doing bad at all but I'm far from $25k. Maybe one day I will get there. I love your videos and your sense of humor. I have learned a lot from your videos, thanks!
@yunathan2422
4 жыл бұрын
Hey, this side yunathan from india
@HereIsmarcus
4 жыл бұрын
melvin baker 75 percent. Not ALL. The 25% who learn risk management, money management and technical analysis properly are the ones in the 25% that have success. I plan to be one of those. Always paper trade long enough to prove you have a working strategy ( for months ! ) before you go anywhere near real money and even then start very very small.
@Vincent-km4fu
4 жыл бұрын
Put it in from this perspective. As per the PDT rule, although you're limited to those few trades, it allows you to focus on probably 1 or 2 stocks on your watchlist. Instead of scanning & watching through 5 stocks daily, then again, it very much applies to beginners who may not be as fundamentally strong (like me!) - (EdiT) Typed the above while watching her video, but about 80% of what she said at 11:00 mark.
@arjunkumar5035
4 жыл бұрын
Just focus on the best trade setups that yield around 30% profit on a single trade with proper risk management and win rate you can easily make 25k in 3-4 months. You will have a higher winrate around 70% this way and in 3-4 months you will become adjusted. It becomes kind of like a routine and you can sense if a trade is not going to work out. After getting over PDT your profits will just explode. The key thing is risk management otherwise you will always be under PDT no matter how many trades you place. It took me 3 years to figure out what works and the right stuff and after that, it took me only 3 months to get back everything I lost and get over the PDT.
@thePlum
4 жыл бұрын
definitely Lamborghini money limiting
@Stopinvadingmyhardware
Жыл бұрын
PDT is to keep the poor, poor.
@KaturaYT
4 жыл бұрын
Out of all the traders I've watched on KZitem, your videos by far have helped me the most! I'm a very new trader but just had my first successful quick day trade using your techniques. I originally started out my trading journey by following people on Twitter and I got burned almost every time. Still learned a lot from it and hadn't invested too much, thankfully. And it gave me the fire to study and learn as much as possible so I'm only relying on myself when it comes to trades. Your videos are what gave me the confidence and knowledge to do so. I know this is just the first of many successful trades because of your help. Thank you so much for sharing your knowledge!!
@pediclescrew
4 жыл бұрын
Great video, Humbled Trader. For the viewers, you can also bypass the PDT rule by trading futures, such as the e-mini S&P. No PDT rule there!
@CarlosLopez-kx6bf
4 жыл бұрын
I was going to ask about this.
@brayanfelix8502
3 жыл бұрын
what broker is good for futures?
@Checkmate54321
2 жыл бұрын
I was going to ask this very question. Thanks!
@user-hf9rw9pc4q
22 күн бұрын
Can I do this? Switching between margin and cash accounts, Monday is margin, but the other 4 trading days are cash accounts But will I be blacklisted?
@TiffanyTradesOptions
4 жыл бұрын
I have PDT in one of my accounts, but I learned after a while day trading is not my strong suit so I went back to swing trading. Thanks for the super helpful and detailed video!
@michaeldelisieux5252
4 жыл бұрын
Just BRILLIANT the way you transmit your message: Grace, precision and above all, sense of humor ( so necessary in these troubled times)! Cheers!
@frankwilliamson8025
4 жыл бұрын
To bypass PDT I recently started trading mini futures. Its working well for me. No PDT plus easy trading before and after hours (within risk/ reward criteria reason of course)
@micayahblackman3938
4 жыл бұрын
Also I actually think I'll still trade under PDT. I broke the violation once because I did not know it even existed or how it works so thank you for making it much easier to understand. I'm trading at a slow pace just so I understand everything anyway so I think of PDT as more of a challenge now. I'm glad I understand it. Google did not answer my question and I was beginning to get scared of trading because I didn't want to violate again
@kyonsmoto1750
4 жыл бұрын
Omg what a timing! I was just searching for the information regarding the PDT. Thank you so much 😊
@youluvmystyle02
2 жыл бұрын
I liked your personality before the first minute was over! Great info I really needed this! I was kicking a$$ then got this rule and slowed me down temporarily.
@David-ds1bm
4 жыл бұрын
It's so good to see an authentic channel like yours exists. Wish it was around back in 2018 (would have saved me so much time back then lol) Overall though, I appreciate all the helpful content you are putting out - thank you Shay!
@briankaskie7014
3 жыл бұрын
I have etrade account that started with $1k and grown to $3k in 3 months with your help. And using CASH available is ONLY and BEST way. I check every morning to see what is "Cash Available for withdrawal" and that is budget for day. Small trades with small losses and gains. Thank you for teaching!
@tenzinlhamo8888
4 жыл бұрын
Thanks for your session! You speak your heart, which makes us to appreciate you. Your compassion is expressed as no fees or no gimmicks to the newbies.
@euovitoteu
4 жыл бұрын
Yes, I am trading under the PDT rule and actually I think is a positive thing at the begining. It makes me think very well before entering a trade and even so I lost some money😬
@botagozgabdullina8738
2 жыл бұрын
Hello, Shay! Great video as always, sooo informative. Thank you for your hard work! BUT, specifically in this topic, I was surprised that you din not mention the main and the easiest way to avoid the PDT rule, which is: to trade CFDs (Contract for Difference) with the same tickers instead of stocks themselves. Didn't you know about this tip? 🙂
@marcusandatlas844
2 жыл бұрын
CFDs are illegal/banned for americans
@botagozgabdullina8738
2 жыл бұрын
@@marcusandatlas844 I see! Didnt know that! Thanks!
@Nick-uh5dc
4 жыл бұрын
no chat alerts !!!!! got you loud and clear. just found and loving the channel keep up the good work!
@rei12figures4
4 жыл бұрын
So basically you’re saying that Canadians, trading American stocks, have a greater advantage of trading on American stocks than Americans. 🤔 Ain’t that some shit?
@catllionare
4 жыл бұрын
yep. sucks huh?
@gregsalarzon6527
4 жыл бұрын
That's why they speak the way they do, ey
@awhs5435
4 жыл бұрын
Trust me, when I found out that PDT doesn't apply to Canadians. I laughed my ass off. Although we do get screwed on the exchange lol...
@100ksubsbycommentingchalle4
4 жыл бұрын
also for canadians with the TFSA as long as you start with a certain amount, all the money you make isn't taxed
@russdemott1
4 жыл бұрын
A WHS And then there’s the drug prices. 🤦🏼♂️
@ut561
3 жыл бұрын
i changed my account to a cash account. it was not be default, I didn't realize the problem until I got the warning. love your videos :)
@jacsu
3 жыл бұрын
learning this for the first time.. heart attack... pause wait I'm canadian
@danbohdan2821
4 жыл бұрын
unfortunaly lots of newbies hate this rule but coming from a guy who has been trading over 6 years full time this rule saves lots of new folks who come to the market from overtrading. The main key to make money is to trade less.
@danielhobbs3421
4 жыл бұрын
Love your energy and tips! Keep up the good work
@joshualandry3160
Жыл бұрын
Thank you, this is really helpful. I'm just getting into trading seriously and this answers a lot of questions!
@lulu2707
4 жыл бұрын
Let’s move to the Canada! Smaaaaah the like button!
@lulu2707
4 жыл бұрын
Humbled Trader I started following your channel like last week, truly appreciated what you’ve shared. Learned a lot, better than those Lambo gurus out there! ❤️from Toronto!
@joshbrandt6936
4 жыл бұрын
So weird you posted this. I've had 2 brokers for awhile now after I got hit with PDT on Robinhood. I'm currently in a cash account with TDameritrade and I just asked them today why I haven't had any PDT warnings. Your video helped explain a lot. I've been doing this for over a year now and i'm happy to have found your videos. keep up the good work!
@tosha.henriksen8613
4 жыл бұрын
I will gladly say there’s really no one better than Sam Aryan
@adamirani1474
4 жыл бұрын
Trading under PDT and got the warning call already lol! Been really selective and doing a lot of research before getting buying anything. Also, been doing purchases at night, before the next day so, after doing research and seeing where the stocks are sitting after hours can give you a decent hint of what to expect in the morning. Thank you for the video, never wanted to move to Canada till seeing your video!
@i2eactl0n
4 жыл бұрын
Great vids 👍🏼, I just started trading but it feels like I’m getting a crash course with your content. Thank you 😉 Ps: keeps the jokes coming 😭
@java2403
4 жыл бұрын
I'VE missed so many oportunitues because i always thought i had to wait 24 hours to exit a position. I didnt know that i had 3 day trades in a week. I could have made good money.THANK YOU SO SO SO MUCH.
@BreakorBailTrading
4 жыл бұрын
Honestly, I recommend just trade with a cash account until you get to that 25k. I like to think of it as a challenge. It limits you from overtrading and it's also validation that you can be a consistent daytrader.
@mr.monitor.
4 жыл бұрын
@xiao k . Ridiculous comment. Nobody said you have to use 100% of your cash account every day 🤷♂️. Did you even watch this video?
@BreakorBailTrading
4 жыл бұрын
xiao k yes you can, so as long as you don’t use all your cash buying power in 1 day. You can distribute it in a way where half your account is settling while the other half is available for trading. This will allow you to trade everyday. In any case, if you do want to use all your funds in a day, trading every other day isn’t a bad idea either and won’t impede your ability of becoming a better day trader.
@BreakorBailTrading
4 жыл бұрын
xiao k I feel ya. My recommendation then would be to trade small cap stocks so that’ll give you a chance to buy enough shares while still preserving enough cash for the next day. I’ve just seen novice traders get emotional and go crazy with margin accounts where they blow it up. That’s why I can see a cash account as a blessing. Your broker only allows you to trade what you have and getting to/maintaining that 25k is a good indicator you’re responsible and ready to switch to margin.
@a.k.salazr
4 жыл бұрын
I was literally trying to find as much information about the PDT rule as possible for a couple hours this morning and then later come across this new video from the Humbled Trader - Your timing couldn't have been more perfect! THANK YOU!!
@rafaelelh8578
4 жыл бұрын
.
@rafaelelh8578
4 жыл бұрын
.
@nathanbond8165
4 жыл бұрын
LOL I have a cash account the whole time and thought I was under these rules I could have been day trading the whole time I saw a lots of opportunities now I know love your videos you've earned a subscriber for sure I also like how you make them fun and you tell jokes I don't know if you seen some of these videos you fall asleep watching these people LOL
@vivekm6997
4 жыл бұрын
Same... but now we now let’s get that money !
@Johnsblackliver
3 жыл бұрын
I made the same mistake lol. Live and learn!🤟
@MixedEconomy12
3 жыл бұрын
Hi HT. I love your channel. I found out about the PDT rule yesterday and had to hold a position for a small loss because of it(half a pct on NVDIA). So this vid is super helpful to me. I started doing some momentum trading a few months ago with some extra money I had. I'm a little surprised at just how much I enjoy it! It's very challenging and rewarding. I am mostly doing a momentum trading style on larger caps. So much bad information out there but I have been enjoying your channel.
@brittopereppadan5503
4 жыл бұрын
Hey guys, just a quick question, whether or not this violates the PDT rule? Monday: Buy 2 Stocks Sell 1 Tuesday: Sell the other stock from yesterday Wednesday: Buy 2 stocks and Sell 1 of them Thursday: Sell the remaining one position Friday: Buy 2 stocks and Sell 1 Next Monday: Rinse and repeat for the next five day period. Does this method violate the pattern day trading rule?
@mrlackofsleep2009
4 жыл бұрын
No
@danielmcmanus7436
7 ай бұрын
Thank you for the information. For a beginner trade like me, this is important information. I do have multiple accounts, one is a cash account and I occasionally swing trade, but I do not enter a trade, even if I plan on it being a swing trade unless I have a day trade left to use. Even a swing trade plan can go south and I have needed to close a planned swing trade in the same day. I did violate the PDT rule once on one account because I was still learning how to enter and exit positions. I was trying to close out of a long position and I accidently bought instead of sell and when I went to correct this and sell both the original and the new long position, it counted as two trades; my 3rd and 4th in a 5 day period. Lesson learned make sure you order is correct before placing, double and triple check.
@dew1985
4 жыл бұрын
lmao,first time this early, just started watching your vids the past week and its been great
@dew1985
4 жыл бұрын
@@melvinbaker7890 lmao
@dmj2020
8 ай бұрын
Thank you so much. The three videos I watched before yours were borederline useless on this topic, but yours is crystal clear. I'm a big fan and wish you all the best.
@thelostone1522
4 жыл бұрын
Well hello there fellow Canadian! Good to know we aren't subject to PDT.
@stockaventureavecsly518
3 жыл бұрын
PDT is not for Canadian?
@mmmbbq
4 жыл бұрын
Here's a trick I did before emini micros came along and regular eminis were too much for me. In my IRA (you could do it with a cash account as well, margin or not) I'd trade the S&P's via leveraged etfs. Then instead of closing out the position, triggering a daytrade, I'd go long the inverse etf. It got confusing, and I HATED doing it, but it was a work around. Then the next day you could basically make your next trade long or short by closing out your open positions.
@kuldeuec
4 жыл бұрын
My wife said “No” to marry a Canadian .
@GorgieClarissa
3 жыл бұрын
hahahaha
@Shiner1
3 жыл бұрын
😂😂😂😂🤣🤣🤣🤣
@colterknight3778
3 жыл бұрын
LMFO! thanks!
@TexasGent3808
4 жыл бұрын
Thank you @HumbledTrader for not only sharing knowledge with everyone but also showing you phenomenal personality and humor! You keep me laughing! 🇨🇦 + 🇺🇸
@queenmonroe1060
4 жыл бұрын
Great content, your videos are helpful. I am quite new to trading but I have been trading aggressively this lock down period and I have made commendable progress. I was skeptical about trading at first and it took a lot of convincing before I dared to invest. I eventually started this January and it has been great so far.
@vincentchamberlain7349
4 жыл бұрын
That's good for you, although I am curious to know how you have not been eating alive out there; considering the fact that you are a newbie and the stock market has been less than favorable.
@queenmonroe1060
4 жыл бұрын
@@vincentchamberlain7349 Well despite the fact that I put in time and dedication into learning and growing, I also trade with the help of Alice Martin Winters. She is a seasoned professional and she gets the credit for all my success so far.
@rosalinecarie2447
4 жыл бұрын
@@queenmonroe1060 I have been trading with her for less than a month and I am impressed with her set up. She is not just a prolific trader, she is a great mentor and a brilliant mogul. Look her up online to know more about her.
@thompsonadamas5060
4 жыл бұрын
I don't usually participate in the comment sections but the name 'Alice Martin Winters' caught my attention. I started trading with her 2 years ago and she taught me all I know. I still trade on her platform to get the best signals.
@davidbradley8429
4 жыл бұрын
Because of her 90% accuracy and impressive success rate, I can confidently say trading with Alice Martin Winters is 100% Fail Proof. Nothing can go wrong when you invest with her.
@janavanova4542
4 жыл бұрын
I love learning with you lady! I wish my teachers were so entertaining
@rverm1000
4 жыл бұрын
I'm looking at stock $1 or less now that have good earnings. That have a good chance to weather this storm.
@jappleseed8423
3 жыл бұрын
I get more useful information from your videos than anywhere else on the Internet. Thank you very much for your help.
@s9dsd
4 жыл бұрын
#1 Don't live in the US and don't use US stock broker company: We have nothing like pattern day trader rule, I daytrade as much as I like with my 1000 USD account, with a broker from my country :)
@mmerry6021
4 жыл бұрын
In Canada isn't our daytrading considered a business though, which can be annoying if you are trying to trade in a tfsa.
@abdeljellouli3644
4 жыл бұрын
wich broker you use, thanks
@banger355tw
Жыл бұрын
I really appreciate this video because I was did mess up by trading (or trying to trade) too often. I called the broker and he explained that I had unsettled funds that I couldn’t trade. I was still a little confused about the thing until I went out to KZitem and caught your video. Hope I didn’t mess up tooo much. But, this video helped me. Thanks. T
@junpepot7240
4 жыл бұрын
So there is no PDT rules in canada? Or does it only applies to canadian stocks? Sorry I am new and still learning. Thanks
@3squirrelsdog607
Жыл бұрын
This is the 3rd video I’ve watched on PDT and the 1st one I understood how to work around it.
@itsvenus782
4 жыл бұрын
Some brokers still have restrictions of day trade under cash account. May I know which broker you/ you guys use that don’t have restrictions under cash account?
@mrnkognito
4 жыл бұрын
TD Ameritrade
@augustocharles49
4 жыл бұрын
Yes .. I am trading with a small account, so far only 1 account with a USA trader. Thank you again for your good advice it reminds me my mistakes.
@vlcheish
4 жыл бұрын
*Video starts in B/W. She means business :(*
@theonewiththebeard6845
3 жыл бұрын
I wish I could give you a million likes. All your vids are awesome. Always helping the little people.👊
@ricardosanchez1638
4 жыл бұрын
Yes, I am under the PDT rule. Still trying to get started. I did join another group, but they provide so much information, that all I get is get confused. Ha! I am truly a beginner trader. Really enjoy your presentations. Great work! Funny too! ha!
@jesseochoa334
4 жыл бұрын
I bought GE just to store my money somewhere. I sold it in order to buy USO. Now I know not to make that mistake again. Thanks for the info.
@eliascorteslopez1094
4 жыл бұрын
Thank you for all your wisdom ms.Humbled Trader. I am working on my 25 stacks goal.
@ChickenThug55
4 жыл бұрын
Your great! The way you explained PDT answered all my questions about It! Hopefully my guru mentor don’t see this lol! Liked, subscribed, and alert for all new videos!
@b.m.5610
3 жыл бұрын
OMG your tips are golden, I didn't know about the cash account not having the same restriction!!
@richardmills9060
4 жыл бұрын
Nothing is more Captivating than a Beautiful mind! Thank you for sharing your knowledge, the only thing besides love that we can give away, never deplete the source and grow to infinite amounts by sharing! Thank you for sharing.😌
@dashriprock7036
4 жыл бұрын
You are DEFINITELY my favorite Canadian.
@D.K_LARTEY
4 жыл бұрын
New to the stock market and so, been relying on youtube vids to learn. Pulled up a search I think couple days ago and you popped up amongst many options (all guys) but decided to listen to you. I must say, I loved the simplicity and the realness in your tone! I look forward to learning more from you. Thank you. PS; I day traded (only twice), but, swing trade mostly.
@cynthiadeg9206
4 жыл бұрын
I recommend using HT's (this lady's) link to sign up for Webull. Use it on a computer, not a cell phone. Practice every day with their paper trades.
@D.K_LARTEY
4 жыл бұрын
@@cynthiadeg9206 alright, thanks.
@mralive4699
2 жыл бұрын
Thanks for the detailed explanation. You rock!
@duomo2351
3 ай бұрын
It only applies to *Margin* accounts, not cash accounts. Margin accounts allows an investor to borrow against the value of the assets in the account to buy new positions or sell short. If you have a cash account the PDT rule doesn’t apply. If you don’t have the funds to cover your potential losses than the brokerage has to protect itself with this rule. For all the people saying this rule is wild, it makes complete sense to me.
@johnnjax9095
4 жыл бұрын
Yes, I am under the PDT rule and didn't realize the content of the rule. Both of my accounts have been frozen for 90 days and was shocked at this rule. The bad thing is, I was rocking at day trading and actually making money. I'm still a little confused at what to do, but I'll keep searching for information.
@StoicEver
4 жыл бұрын
So helpful, when i started to dabble it felt like there was too much red tape for a small investor to be succesful. Thanks so much for this.
@alexfigueroa2987
Жыл бұрын
I’m watching Your vidrios to learn! I haven’t start traiding yet!
@j4n-style576
4 жыл бұрын
I am trading under the PDT rule. It's a small dollar account. Actually have one margin and one cash account. Frustrated with both accounts with their limitations. However, I will allocate the capital in the cash account to have the option to be able to trade five days a week. Thanks for the tips.
@thebatman411
4 жыл бұрын
Good point toward the end of your video. Trading under PDT does make you more patient and selective. Little lessons like that that can go a long way in how you approach trades in the future.
@yaninapineda10
4 жыл бұрын
I had a question and you just answered my question very well....excellent!!! YOU ROCK GIRL!
@RobEdwardsD.T.Nashville
2 жыл бұрын
Thank you, I'm new to trading and I'm just watching to learn at this time, I love your videos.
@tonychimenti7268
4 жыл бұрын
I truly learn something watching this video. I didn’t realize you could not short a stock using a cash account.
@TrinityGX
4 жыл бұрын
Half way to 25K! Started January 2020 and learned a lot by losing a lot! I'm positive now and haven't lost a planned trade in 3 weeks! Plan the work, work the plan. I have 4 day trades left this week (2 accounts) and Monday was my last big Win (SHIP). Tuesday and Wednesday have been dud days but no profit is better than any L based on a bad decision/plan. Keep up the great work and I look forward to your future content!
@K27fan
4 жыл бұрын
I started day trading in '96. Back then there were no ECN's like ARCA. Many people (including me) were SOES bandits. I saw the development of real time software, charting, ECN's like Island (ISLD) ARCA etc. This was the dot com bubble and everyone was day trading and a lot of people were losing big money and it was getting a bad rap. There were hundreds of chat channels you paid to be in, most were not good. There were also trading centers where you paid to sit at a pc terminal and they would make calls on what to trade. Some guy in Atlanta blew up, lost a fortune and then came back with a gun and killed several people. These two factors are what brought on the PDT rule.
@bajwa401
4 жыл бұрын
Regarding Cash Settlement period- does it also apply when trading through margin accounts but using 100% cash (and no borrowing)? Thanks, your channel is full of wealth of information and i always look forward to your content
@flintlights
3 жыл бұрын
I just want to say thank you for helping me out! This channel is so useful! Also, I love these "bad jokes"; they're actually pretty funny lol.
@rainforesttoursandadventur8426
4 жыл бұрын
Great video Humbled and I even enjoyed your "bad" jokes. You opened up my eyes to the various options available to get around the PDT rule and I will putting in an early call to my broker. Continued success and stay safe and healthy!
@ericstinnett9182
8 ай бұрын
Great video thank you for breaking down the PDT rule now I understand it better. Thanks.
@bryanwhat935
4 жыл бұрын
I day trade with a cash account. I like to buy and sell in small increments. Seems to work for me especially as crazy as the market is lately. But I don't trade just 1 stock. I run multiple stocks simultaneously with small position sizes. Helped out i had a handful of snap and the 25% gain was sweet. Something I would have missed just using 1 stock.
@luisortiz7771
4 жыл бұрын
In a cash account in thinkorswim the cash settlement in the US is the very next day!
@TheMango186
4 жыл бұрын
Thank you . U made it so much easier to understand. I'm very new to this . Now I'll be using a cash account for now on .
@777-x3n
3 жыл бұрын
First time on your channel. Very informative and I will start trading soon. Thank you 😊
@micayahblackman3938
4 жыл бұрын
I love you! I literally just had this question a few days ago and only now am looking how to get around it. I'm so glad you made this video. THANK YOU SO MUCH
@pryius6216
4 жыл бұрын
I put my entire stimulus check into a cash account and am turning it into more money. All my friends are buying new Xboxs and stupid stuff like that. I'm gonna laugh at them all when I buy a new Xbox and still have my entire stimulus check. Gonna hate the taxes later on, though. Glad I learned about the T+2 rule and how it applies to trading in a cash account and what my limitations are. Your video on the PDT rule has been the best I have seen. So many videos about it on YT, but yet so many don't do a good job at explaining it and leave out the fact that it doesn't apply to a cash account. It took me hours of watching numerous videos to finally understand it, and that was a week ago. Wish your video was out a week ago, lol.
@sinvermerlas5331
2 жыл бұрын
thanks for this! understood PDT rule better. happy to know a way around it
@alexanderaroche6584
3 жыл бұрын
I love corolla, and the way you teach all about trade!
@GorgieClarissa
3 жыл бұрын
i have been stuck trying to figure out how to either meet the pdt requirements or use an offshore account. what i didn't know, and what you explained brilliantly is that pdt requirements are for margin accounts. i dont want a margin account! as a beginner trader, i think it's too risky!!! i would rather 0 out my account than have to owe even after i've lost everything. i didn't know this pdt requirement was only applicable to margin accounts.
@netybar7136
4 жыл бұрын
best explain on YT thankx
@alisoncamp9077
Жыл бұрын
I appreciate your video on overnight swing trading. I am literally just beginning on a super small account. I am a single parent working full time (50 hr weeks) and wish to rebuilt my retirement, create multiple streams of income and (hopefully) teach my children to create their own multiple streams of income now... not wait till life screws you over.
@andrewthag
11 ай бұрын
I think 100k a year in dividend paying stocks, atleast monthly from the last time I looked will net you 900$ a month!
@jaysoegaard
4 жыл бұрын
I like your delivery make this fun compared to other channels
@pipilchocolate8654
3 жыл бұрын
Oh my gosh this is the info regarding the T+2 rule I was looking for!
@craigcraigster1686
4 жыл бұрын
Thanks for this video and all the videos ht! I’ve been using two margin accounts to get 6 trades a week. I’m going to switch one to a cash account and divide use 1/5th position sizes to increase my possible trades to 8 a week with three possible shorts. I also swing things when i can, but admittedly take more chances than i should doing that and don’t necessarily love that. I have around 7500 to trade with so hopefully i’ll make it to 25k someday...
@LaTiq_Designs
4 жыл бұрын
I grow more fond of this channel the more I watch! Straight forward, non-fluff information mixed with sarcastic humor = lamborghini money 😌😊. We'll be making it rain lamborghinis any day now 😄. Thanks Humbled Trader, this is my new found favorite channel. I'm sure others will agree that your hard work and efforts are greatly appreciated. Keep it coming! I'll be sure to smash the like button 😁.
@Fish-pi6my
4 жыл бұрын
I love watching how you explained trading. Very easy to follow and listen to.
@HeliotropeQuartzHealth
19 күн бұрын
Thanks for this incredible explanation‼️
@jadensierra1641
3 жыл бұрын
you make topics that can potentially be boring and dry so fun! Glad I found your channel !
@carolegrenier
4 жыл бұрын
Thanks for the information. I was seeing that term "PDT" often and didn't know what it meant. Now I know. No, I am not concerned by this rule.
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