In this article, I’m going to talk about the issues that I had when I tried to day trade, specifically Stocks, Forex, and Crypto. I will share my personal thoughts on those markets and what I did or didn’t like about the space. In another article, I have explained why I like trading in Futures …
Why I Don’t Day Trade Stocks
When I first started trading stocks I thought there was nothing else that you could trade except for stocks.
One of the big things that were slowing me down or hindering me was the Pattern Day Trade Rule. It’s the rule that you should have $25,000 in your account, and you have to keep it in order to trade actively.
This was a huge barrier for me, and I know that there are ways that you can go around that rule by using brokers outside of the U.S, but that didn’t seem like something that I wanted to do.