Daytrader Count
How long is everyone holding on to stocks? I am getting a message about a day trade count. is there a way around not being flagged? it says if you hold overnight it will not be counted but by then the stock could be loosing.
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solarelectric1 : There is not way around it. Webull doesn't care about it. I traded with them for a long time, but their system went down. I had premarket orders in, saw the market was declining. I could cancel the trades, cause their system was down. I was locked into the trade. I lost that day, but several days later. I recovered my loses, and many a small profit. I left Webull. You can have multiple trading accounts. Get your warnings on one trading platform, move to the next. But it takes like 5 days to get your money into the other account. Depends on how much money you have to invest, thou. I have about a 95% win rate, so I do not worry about it. So i have to oneday, my strategy is about a 4 to 6 hour process, but I keep my money and money of others. LOL