Cheap borrows on everything today…
But but but I read on Twitter that it was gonna be the end of shorting due to the PDT rule and some random nasdaq rule?!
This is why Twitter is for entertainment purposes only and should be treated as such.
Big News for Day Traders: The PDT Rule is Officially Gone
Starting June 4th, the restrictive Pattern Day Trader rule is disappearing — opening the door for more traders than ever.
To celebrate, we’re offering 50% off our 30-Day Access — which includes full access to Alex’s live trading stream.
This is your chance to level up with real-time strategies, expert guidance, and the freedom to trade without old barriers.
Ready to start day trading?
👇 Tap the link below
https://t.co/mxwzJhMuVR
BREAKING: President Trump says he is "in no hurry" to make a deal with Iran and "if we don't get what we want, we are going to end it in a different way."
Last weekend, President Trump said a deal was going to be announced "shortly."
Today marks 93 days since the Iran War began.
Big News for Day Traders: The PDT Rule is Officially Gone
Starting June 4th, the restrictive Pattern Day Trader rule is disappearing — opening the door for more traders than ever.
To celebrate, we’re offering 50% off our 30-Day Access — which includes full access to Alex’s live trading stream.
This is your chance to level up with real-time strategies, expert guidance, and the freedom to trade without old barriers.
Ready to start day trading?
👇 Tap the link below
https://t.co/mxwzJhMuVR
April PnL | -$20,386
Ending the month red here. Was not easy as it felt like the entire month was just small paper cuts adding up.
This is my first red month since last year. I’ve been trading very well since then and always am due for a heat check.
Although the red months or losing days aren’t fun I always like to reflect on them and get whatever I can from it
This month was filled with paper cut losses that added up, but a lot of tickers that truthfully I should not have been trading. I 100% was trading stocks outside of my niche or criteria, and for that I paid the price
Also missing $CAR while I was on vacation was not fun
The positives are that in the past these losses would have been 2-3 times what they are here. I feel very proud to have kept in control and prevent spiraling.
Talked with some of the best traders out there about drawdowns and difficult periods and I thank all of them for the words of advice
Everyone listed below not only has some great content to learn from about the subject, but have posted some incredible insights of the years about dealing with down periods
@AT09_Trader@Jackaroo_Trades@traderkylec@TheOneLanceB@Stratataaa
Going to put this month to bed and focus up for May. Hopefully we get some cleaner action and can start off in the right direction!
@Okie_Tradez It happens , drawdowns are inevitable. Cycles where the market doesn’t favor your style of trading
Just up to us to recognize it and react!