Cash equity: $50K
Buying power nonmarginable securities: $50K
Day trading buying power(marginable securities): $200K
Can I do this?...
I know that a margin account with PDT flag and over $25000 has a Day trading buying power of 4X, so if I have $50K the Day trade buying power...
And it is $0 for OTC and Pinks sheets too?
$30K is a nice start, but not enough for full time trading stocks, $100K minimum + emergency funds + other savings.
I agree, in my case I need 100K account(for daytrading), 6 to 12 months of living expenses and 300K to 400K in others investments for move to full...
Your trading capital must be less than 20% of your total savings or investments
I know luck(variance) is a factor, but with a 65% winrate in more than 3 thousand trades is not just luck.
Is tanking, 8K, 5K next?
True in a small sample, after thousands of trades luck tends to disappear and the edge prevails.
The difficult is possible, and the impossible is only more difficult.
There are different Investment Vehicles, you can put 20-30% in high risk trading account, 20-30% in long term/low volatile stocks, and the rest in...
The trading account should not have more than 20 percent of your net worth.
If your trading capital is a few part(less than 20%) of all your available money, and you have others sources of income, that stress is not...
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