Trytosaveabit
WeiTheSaint469
OP
:
Have you ever thought about scaling out a bit on the way up? It secures some profits but it also allows you to lower the price your shares cost! That way you can actually handle pullbacks a bit better while staying in profit longer?
WeiTheSaint469
OPTrytosaveabit
:
But since my margin account is under 25k and I had 1 trade left I could only sell 1x or sell a little and be trapped with some shares!
Trytosaveabit
WeiTheSaint469
OP
:
So I’m not sure if you seen me talking about 8/10 days ago? MooMoo musta got tired of hearing me say how much I think their platform would be just about perfect if the offered a cash only account that wasn’t subject to day trading rule! Because the made a cash only account that you can now open on top of your regular account! And as long as you have settled cash. You can trade as much as you want! Do you know that? I got a alert/notice letting me know about 8 days back! WoooHooo no PDT rule
WeiTheSaint469
OPTrytosaveabit
:
I do have a cash acc but in rules it's like they have a day trade rule (you can buy in 1 stock sell it then buy in another but you cannot sell it till tmr) it's like a law the government has to have limits on traders under 25k.
Trytosaveabit
WeiTheSaint469
OP
:
Are you on MM and in the US? Because the 25K refers to MM regular / margin account even if you never used it as a margin account! The new account they just started offering less than 2 weeks ago is a totally different account! It’s a cash ONLY and if you only have 200 in it as long as it’s settled cash? There is no PDT rule. But i believe it is a U.S. only
Trytosaveabit
WeiTheSaint469
OP
:
If you’re in the US then investigate what im telling you if interested! Like I said this account has just been offered for the first time as of about 2 weeks ago!
Trytosaveabit : Congrats on a killer trade![clinking_glasses 🥂](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f942.png)
![dollar 💵](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f4b5.png)
WeiTheSaint469 OP Trytosaveabit : you guys always see high numbers when I leave I swear BUT IF I STAY IT REACHES RED![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Trytosaveabit WeiTheSaint469 OP : Have you ever thought about scaling out a bit on the way up? It secures some profits but it also allows you to lower the price your shares cost! That way you can actually handle pullbacks a bit better while staying in profit longer?
WeiTheSaint469 OP Trytosaveabit : Yeah I do sometimes since you told me last time (maybe 1-2mnths ago) I've been learning :D
WeiTheSaint469 OP Trytosaveabit : But since my margin account is under 25k and I had 1 trade left I could only sell 1x or sell a little and be trapped with some shares!
Trytosaveabit WeiTheSaint469 OP : So I’m not sure if you seen me talking about 8/10 days ago? MooMoo musta got tired of hearing me say how much I think their platform would be just about perfect if the offered a cash only account that wasn’t subject to day trading rule! Because the made a cash only account that you can now open on top of your regular account! And as long as you have settled cash. You can trade as much as you want! Do you know that? I got a alert/notice letting me know about 8 days back! WoooHooo no PDT rule
WeiTheSaint469 OP Trytosaveabit : I do have a cash acc but in rules it's like they have a day trade rule (you can buy in 1 stock sell it then buy in another but you cannot sell it till tmr) it's like a law the government has to have limits on traders under 25k.
Trytosaveabit WeiTheSaint469 OP : Are you on MM and in the US? Because the 25K refers to MM regular / margin account even if you never used it as a margin account! The new account they just started offering less than 2 weeks ago is a totally different account! It’s a cash ONLY and if you only have 200 in it as long as it’s settled cash? There is no PDT rule. But i believe it is a U.S. only
WeiTheSaint469 OP Trytosaveabit : Oh shoot I'll add more into the :D
Trytosaveabit WeiTheSaint469 OP : If you’re in the US then investigate what im telling you if interested! Like I said this account has just been offered for the first time as of about 2 weeks ago!