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Day trade

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Thread replies: 8
Thread images: 2

What broker should I use for day trading? I'm not sure which one to use that doesn't have a 3 day settlement date and I can reinvest funds right away.
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>>1583994
>doesn't have a 3 day settlement date
Every broker has this rule. If you want to get around it you need $25k, no matter who your broker is.
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>>1583997

I have the 25k (barely), so can I use any broker?
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>>1584002
Yes. What I would suggest is taking a piece of paper and making a list of all the brokers you are considering. Call each one and talk to a representative, take notes on the pros and cons of each. See what their capital requirements are, commission rates, customer support, etc. That way, you can make an informed decision for yourself instead of relying on advice from anonymous penny stock chasers on a Mongolian goat trading forum.
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File: deal with it.webm (490KB, 480x480px) Image search: [Google]
deal with it.webm
490KB, 480x480px
>>1583997
I hate it when people come here asking for retarded advice. Then you need to give them the realities,

>>1584002
and instead of realising maybe they're not right for the activities, since they don't even know the 101 of ANY Trading.

This is the form of bullshit formed by a compulsion to act even more retarded. Even the simple act of reading and educating themselves on choices is being taken away and rigidly assigned to a mongolian lutebuilding community. Do you even know what a put option, strike price, call price or which tax forms you need to fill, you imbecil? I encourage you to victimize yourself right now and call me mean. Sooner or later you'll realise that you're a retard who's playing away his life savings with literal gambling.
Look, for all sell there needs to be a buy side. If you're an independent day trader, you need a good terminal. You need a certain stock and a company you're more familiar with than I am with your mum and sisters vaginas. Trust me, I know every working girl at the strip better than what I have right now in my pockets.
You need a great deal with a broker, who is willing to buy from you if no one else is willing. You won't get either with these petty sums. No broker is giving industry privileges to little ass hats with bullshit amounts. If it ever goes below 25k, your broker will hold your shit for ransom until the margin is paid off. Day trade is no longer sit in front of terminal all day, no it is a microsecond trade where you need to be close to an index, nor do you fuck with random ass stocks. You get a specialised field where you know what you're doing. Will you be doing PIP trade, Forex, Quarterly reports or specialising in IPO's, you do realise with IPO's you need to be a whale to get first in? You fucking put in the strikes priorhand, you don't sit there and look. You'll get slaughtered by a stop-hunterbot within one day.

Also yo
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>>1584060

Appreciated, but we hear this warning often enough.
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>>1584060
They don't listen. They will lose every penny and spend the rest of their lives telling everyone they meet "The stock market is rigged!"

>99% of retail day traders lose money
>"I will be that 1% that makes it!"
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>>1584095
>spend the rest of their lives telling everyone they meet "The stock market is rigged!"
You mean like how you spend yours telling everyone "99% of retail day traders lose money!"?
Holy shit, you're just as bad.
Thread posts: 8
Thread images: 2


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