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Still think TITNC3: Return of the Iceberg was peak

Discussion in 'Stocks & Investments' started by kairo, Oct 6, 2020.

  1. Dec 15, 2021 at 6:08 PM
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
  2. Dec 15, 2021 at 6:09 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    @kairo’s guest house having a water with @not_nick
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  3. Dec 15, 2021 at 6:14 PM
    theesotericone

    theesotericone Well-Known Member

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  4. Dec 15, 2021 at 6:17 PM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Wow...I've leveled up then... :)
     
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  5. Dec 15, 2021 at 6:25 PM
    davidstacoma

    davidstacoma Friendly Curmudgeon

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    Should be fine if he’s trading a cash account using settled funds. As your FINRA link said, the 4 trades in a rolling 5 business day rule for pattern day trading applies to margin trades.
    https://pro.benzinga.com/blog/how-to-day-trade-on-td-ameritrade/
    5A68442B-0CE3-415E-9DB4-CD8879EC15E3.jpg
     
  6. Dec 15, 2021 at 6:28 PM
    davidstacoma

    davidstacoma Friendly Curmudgeon

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    Which boils down to use settled funds only in a cash account and you’re good to go. If I remember correctly in my cash account TD ameritrade doesn’t even allow me to use unsettled funds for trading.
     
  7. Dec 15, 2021 at 6:29 PM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    If any of you thrifty bastards need to replace an old propane tank on the cheap...
     
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  8. Dec 15, 2021 at 6:29 PM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    AND still need $25K or more total account value
     
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  9. Dec 15, 2021 at 6:39 PM
    davidstacoma

    davidstacoma Friendly Curmudgeon

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    Not that I have read. The $25k applies to making excessive trades in a margin account. If you’re only a cash account and don’t break any rules below should be good to go.
    https://tickertape.tdameritrade.com/trading/cash-account-violations-margin-17770
    Also this:
    https://www.warriortrading.com/how-to-day-trade-without-25k/
    One drawback to cash account day trading is having to wait two days for funds to settle when you sell a stock. Hasn’t been a problem for me since I have probably made no more than 4 buy or sells (2 “round trips”?)in a week. More of a week or month trader myself lol.
     
    Last edited: Dec 15, 2021
    98tacoma27 likes this.
  10. Dec 15, 2021 at 6:40 PM
    Boyk1182

    Boyk1182 Well-Known Member

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    Dude I bought one yesterday for an outdoor heater, for $64 from… Blue Rhino.
     
  11. Dec 15, 2021 at 6:40 PM
    MickDog13

    MickDog13 Well-Known Member

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    You and my grandfather would’ve gotten along well. :D
     
  12. Dec 15, 2021 at 6:43 PM
    theesotericone

    theesotericone Well-Known Member

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  13. Dec 15, 2021 at 6:45 PM
    koditten

    koditten Well-Known Member

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    I switched my propane gas grill to natural gas. Never fucking with those 20 pounders again.
     
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  14. Dec 15, 2021 at 6:49 PM
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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  15. Dec 15, 2021 at 6:52 PM
    theesotericone

    theesotericone Well-Known Member

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    It's certainly not from their stock trading advice. lol
     
  16. Dec 15, 2021 at 6:55 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    @kairo’s guest house having a water with @not_nick
    Under development
    I bet they get paid well to get retail to help pump before a big dump.
     
  17. Dec 15, 2021 at 7:05 PM
    davidstacoma

    davidstacoma Friendly Curmudgeon

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    Wouldn’t surprise me the carnival hawkers on reddit find a way to pay someone off for their pump and dump schemes.
     
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  18. Dec 15, 2021 at 7:07 PM
    not_nick

    not_nick Well-Known Member

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    keeping jersey dirty
    No leafblower for the snow? Even the lil dewalt ones will do light stuff if you have lotsa batteries to switch out
     
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  19. Dec 15, 2021 at 7:21 PM
    not_nick

    not_nick Well-Known Member

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    keeping jersey dirty
    To put the rule for cash accounts more simply: you can trade all you want just can't be with funds you've touched in the last 5 days pretty much. The issue is there isn't really a good way to differentiate which funds you're choosing (afaik) so you kinda gotta do it all in cycles, like choose 2 or 3 days a week and go nuts then take a couple days to let your cash like 'refresh' into unsettled or just keep a fat stack of uninvested cash
     
  20. Dec 15, 2021 at 7:23 PM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Do you still have the receipt you can get your three dollars
     
    98tacoma27 and Boyk1182[QUOTED] like this.

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