The Advantages of Trading With A Cash Account 💸🙇‍♂️

Trading with a cash account certainly has its advantages. Tune in as Trader Bryce explains...

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⚠️ (**Results not typical or guaranteed. Past performance is not indicative of future returns and financial investing is inherently risky.)

#Shorts #CashAccount #TradingTips

[CORYJOHNM]

I recently exited everything and waited a day. Split my funds in thirds and got back in on three trades. Monday in PM everything will be settled. Then I will decide which of the three to close monday, then close Tuesday and again Wednesday. On Thursday, Mondays close will be settled, plus available funds from the last two days unsettled to get into something else to hold for the weekend. Up untill now Ive been constantly trapping myself and having to watch my profits decline do to fear of a gfv. If I have to gfv something its going to be a substantial amount to be worth risking two slaps and a shutdown for doing it three times. They only give you three gfv's. Spread your money out in thirds and don't yrap yourself like I did, done.

[MAtangan]

Solid explanation and is exactly what I was looking for. Thanks!🙏🏽

[johnPxIV]

This is the video I was looking for. Thank you!

[joaquinluken]

GREAT Help and very simple explained..Thank You

[MikailEstrada]

Under the PDT rule, you aren’t allowed to make more than 3 trades in a week. So breaking up your $5000 in half isn’t going to do anything other than reduce your buying power. Now, if you plan on trading once per day 3 times a week splitting your equity in half would work, but again you’re buying power is significantly less. Focus on risk management and gradually grow your account, eventually when you get to $25, 000 of capital, you’ll escape that PDT rule. I hope this sheds light and clears things up.

[tmasst]

So just F the '2% rule' then right

[KingAkaeBeka]

What app let you trade as much as you run out of cash...i know etrade does...but who else and offer cash card as well...plz dont say r.hood

[aurorab]

i thought cash account is not under PDT rule but under free riding rule?

[M-WRLD]

When I purchased the stock but I don't get it until two days do I get the share amount that I originally purchased it for after it goes through the broker? Like if the price of the share goes up in that couple days do I get less percent of the share then when I originally purchased it?

[ChelleBelle]

Just trade Forex & you don’t have to worry about a PDT rule.

[timbankes]

What are the best trading apps to
Do cash account on? I got hit with wash sale violation on Robinhood on my cash account and love how much I can trade, unlimited amounts, is there any other trading apps cash account that allows unlimited trades?

[DarkKnight.]

Do you have to wait for trades to settle for collateral to be available again on cash accounts?

[athaircuplac]

But you can’t trade things like verticals with cash accounts can you?

[hondusspa]

Just yolo the $5000 into $25000. Boom. Done.

[takeshikyasuto]

What about the restriction on Instant Deposit ?

[danielpuckett]

If you're like me and you're on webull you don't have to worry about this 😂

[WW-lmji]

Trading $5000 is hardly worth your time, you’ll barely make any money