🔴 First Green Day OTC Pattern: https://bit.ly/2T5qBRw 🤑👇🏻 EXPAND DESCRIPTION for more LINKS 👇🏻🤑 Do you fall under the PDT rule? Are you frustrated with the number of trades you’re limited to? This video is for you. I’ll tell you why the PDT rule can actually be a good thing. And I’ll share ways to get around it — but you MUST be meticulous. Watch this! LINKS Mentioned: 🔴 FREE download of my book: https://bit.ly/3g0VaAU SUGGESTED LINKS: 👉🏼Get my weekly stock watchlist here FREE OF CHARGE: https://timsykeswatchlist.com/ 👉🏼See all my trades from the last 20 years: https://profit.ly/user/timothysykes 👉🏼SUBSCRIBE: https://bit.ly/2MDNeVq to get INSTANT alerts when I post a new video outlining my penny stock trading techniques.* ✅ Share this video with a fellow Trader: https://youtu.be/0D4vfeyNpkg ✅ Recommended video: https://youtu.be/O3M-hNsAZ4k ✅ Recommended playlists: Day Trading 101: Starter Videos: https://www.youtube.com/watch?v=sxhDIeYxNpE&list=PLTKUP0v0mxhvcNcP55fLthMRuTep2SGzY My Millionaire Students – How They Did It: https://www.youtube.com/playlist?list=PLTKUP0v0mxhtFSV2MDrpS6hziwptlpv4_ 🔴 FULL DESCRIPTION: Many new traders look at the pattern day trader (PDT) rule as a negative thing… And I’ll admit I did too, once upon a time when I first started teaching. It was hard to teach some students who were under this rule — knowing they could only make a limited amount of trades. But what is it exactly? Well, it’s meant to prevent traders who have less than $25,000 in trading capital from making more than three day trades per five trading days. But this is only for traders who use margin accounts. The same rules don’t apply to those who have cash accounts. That’s just one loophole. Another one is making overnight plays. I’ll get into that more in this video. Overnight plays don’t count as day trades, but there’s a caveat … They can be much riskier if you don’t have a solid plan in place. So tune in to see how to best execute overnight plays — don’t just hold any trade! Also, if you’re new to trading and the PDT rule applies to you, realize it can actually help you. It’s designed to protect those who are more prone to losing. After watching this video, do you think you’ll try to hold a position overnight, or will you stick to intraday trades? Let me know in the comments! ✅ Follow Tim Sykes and his trading travels: Instagram: https://www.instagram.com/timothysykes
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Twitter: https://twitter.com/timothysykes #OvernightPlays #PennyStocks #PDTrule Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.* (All content on this website is intended for educational and informational purposes only. The material on this website is not to be construed as (i) a recommendation to buy or sell stocks, (ii) investment advice, or (iii) a representation that the investments being discussed are suitable or appropriate for any person. No representation is being made that following the instructor’s strategies will guarantee a particular outcome or result in profits. The price and value of stocks may fluctuate depending upon various market factors, and, as such, the strategies used by the instructors to adjust for those fluctuations may change without notice. There are significant risks associated with trading stocks and you must be aware of those risks, and willing to accept them, in order to invest in these markets. Past performance of any trading system or methodology is not indicative of future results. You should always conduct your own analysis before making investments. You should not trade with money you cannot afford to lose and there is a risk that trading stocks will result in a complete loss of your investment. Trading stocks, particularly penny stocks, is not suitable for everyone and requires hard work, due diligence, capital, and substantial time to monitor the market and timely execute trades.)
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