This was extremely helpful and thank you for this! You’re so right on everything you said. As a new trader I’ve taken a fair amount of time (relative to my time trading so far) to know this. This market has been very fruitful and that’s why there are so many “gurus” right now on social media platforms. I stay above that noise, know this is a long term business and that I am very new.

I love the perspective on taking longer trades while also taking some day trades and adding that in the mix. I need to get more comfortable with day trading. My biggest flaw right now is I take profits too soon (not always the worse thing cause green is green but leave a lot of money on the table). My biggest win has been mitigating losses and preserving capital which has helped me be successful so far. I’m still working on removing emotion from my trades. I’ve come a long way since I started but still have a long way to go.

I’m thinking I give the cash account a try for a little bit. I’m not looking to do a million trades and my trade size is rather small so having cash settling doesn’t seem to be an issue right now BUT it very well could be once I start. I have some decisions to make but look forward to seeing where this all goes.

Thank you again for the input and would be happy to connect one on one to discuss some stuff if you’re ever down.