Have you ever wondered how much money you need to day trade? If you’re new to the game, this question is probably on your mind. Unfortunately, there isn’t a simple answer. It all depends on a number of factors, including your trading strategy and risk tolerance. However, we can give you some general guidelines to […]
For those of you who don’t know, the Pattern Day Trader Rule (PDT) is a regulation set by the SEC that stipulates that investors who make more than four day trades in a rolling five-day period are considered “pattern day traders” and are subject to special margin requirements. So, what does this mean for you? […]
Tracking your day trades, otherwise known as trade journaling, is a very beneficial practice that can help improve your trading strategy and performance over time. In this post, we will recommend the software we believe to be the best for trade journaling and what you should be tracking on your trades. Downloading Your […]
A watch list is a key tool for all traders, and you can more easily identify trading opportunities as they arise by tracking specific stocks. This article will discuss how to create a watch list and offer tips to help you get the most out of this important tool. The Process of Creating […]
If you’re new to the world of stock trading, you might wonder what a cash account is and how it differs from a margin account. Here’s a quick rundown of the two types of accounts and how they work. Cash Account A cash account is pretty much what it sounds like—it’s an account […]
Are you looking for a way to improve your trading results? If so, then you should consider using the Trading Accountability Buddy system. This system was created by My Investing Club and it can help traders achieve their goals by providing accountability and support. In this blog post, we will discuss how the TAB […]
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