Day Trader status with under 25k, how is it done? in Forex Newbies Posted September 10, 2011 Hello all, how can I daytrade with 3k and not be affected by the PDT rule? I know all about the PDT rule, the 25k requirement, and the 3 daytrades in a 5 day rolling business period etc. I have paper traded for about a year, and have a profitable trading record, but I only have about 3k that I could trade with. I've done a lot of research on this but I know there must be another way. Are there alternate ways or instruments I can use to trade stocks through as a daytrader though? I've looked at futures and forex, I'm set on stocks. Thank you so much for your reply.
Day Trader status with under 25k, how is it done?
in Forex Newbies
Posted
Hello all, how can I daytrade with 3k and not be affected by the PDT rule?
I know all about the PDT rule, the 25k requirement, and the 3 daytrades in a 5 day rolling business period etc.
I have paper traded for about a year, and have a profitable trading record, but I only have about 3k that I could trade with.
I've done a lot of research on this but I know there must be another way.
Are there alternate ways or instruments I can use to trade stocks through as a daytrader though?
I've looked at futures and forex, I'm set on stocks.
Thank you so much for your reply.