Pattern Day Trading SUCKS! #shorts
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The Matt Kohrs Show
Sponsors & Affiliates:
⇒ FREE Trading Newsletter: https://bit.ly/LocalsMG
⇒ Streetbeat Robot Trading (FREE $5-$5k Code MATT): https://bit.ly/SBMatt
⇒ Top Charting Software: http://bit.ly/TradingViewChartingSoftware
#Stocks #DayTrading #Investing #shortsfeed
Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS.
Let me know in the comments if there is anything I can improve on moving forward.
Thanks for Watching!
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
This is the one thing I Really hate about Pattern Day trading. Okay, so you have calls. You're riding this. You're writing this.
You're writing this. and then all of a sudden you see a slight change in pattern. If you didn't have pattern day trading, you could get out right now and you could wait to see how it plays out. and if it bounces back, you can re-enter But when you are trading under the world of PDT you can't This sucks because right here I would like to lock it in, but then what if this is just a momentary breather because it rips so much and it's gonna rip more.
When you're in the heat of it and you're trying to make a decision, you're like, okay, like I would love to lock it in because there's a chance the trend has changed. You have to take on more risk I Swear I Swear I Swear I Swear Pattern day trading forces you to take on more risk because in the back of your mind you know you only have so many traits. It's so, so incredibly stupid I Hate it.