Currently, I have 2 day trades in 5 days. One will drop off tomorrow. The rule, if you have less than $25,000 in your account, is 3 in 5 days.
As of this writing, my holdings are:
- 200,000 SING
- 22,500 STTK*
- $2,700 Cash
I started this blog, because I have seen a lot of sad stories out there from new traders and people with smaller accounts. My belief is that small time traders have to trade a little differently than those with big accounts. My plan is to answer any questions that traders have and to post tips and strategies that will help small time traders. Accounts with $1,000 to $15,000 in them.
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