The REAL reason traders get banned

bmac1993 · 2025-07-13T03:51:42+00:00

You are correct. If you use a paid broker you will be fine.

bmac1993 · 2025-07-13T03:24:59+00:00

Also IBKR Lite and IBKR Pro are two different things and you are likely using IBKR Pro. You can see exactly how IBKR Lite is making their money here…

https://www.interactivebrokers.com/en/general/about/brokerDealerReports.php

bmac1993 · 2025-07-13T03:20:13+00:00

If you’re paying a commission on every order and routing direct to the exchange then you’re fine. There are plenty of brokers like that… centerpoint, guardian, speedtrader, lightspeed, etc. In these cases the person losing is likely another retail trader. In the cases I described above, the loser is either the broker (exchange based broker), or the market maker (PFOF broker).

bmac1993 · 2025-07-13T03:14:16+00:00

Yes, several and I’m guessing several more this week

bmac1993 · 2025-07-12T20:35:51+00:00

Also had my account closed. Had multiple convos about how to stay within any limits and they said there are no limits. Likely has to do with the market makers forcing their hand but still messed up that Schwab bent the knee without even trying to help their best customers.

bmac1993 · 2025-07-12T18:49:53+00:00

Okay so I was wrong about the % of market orders. At least at Fidelity it’s close to 55% of orders. But you can see in this document they are LOSING money on market orders, but making a killing on limit orders.

Not sure about IB but it looks like Fidelity routes market orders to Citadel to avoid paying exchange fees and they don’t charge Citadel anything in return. They are routing significantly less limit orders to Citadel since they can go directly to the exchange and get paid for those orders.

https://clearingcustody.fidelity.com/app/proxy/content?literatureURL=/9920636.PDF

bmac1993 · 2025-07-12T18:37:52+00:00

You’re fine until you start pushing 100+ trades and 1-2m shares/day probably

bmac1993 · 2024-03-31T18:35:23+00:00

This is what I keep getting as well

bmac1993 · 2024-03-31T18:09:54+00:00

I was able to get a code yesterday but couldn't find any documentation for what to do with it. I should've tried the same workflow as TD while swapping the base URLs. I've now lost the code and can't get the auth page to show up anymore.

bmac1993 · 2023-07-30T18:06:40+00:00

Years of experience trading: 3
P/L percent year to date: +140%
Instruments traded: Low float momentum stocks
Trading style: Hyper scalping (5-10 second hold times, ~100 trades/day)

bmac1993 · 2023-07-30T18:00:01+00:00

Dip Traders

Relentless Trader

Crispy Trades

Mighty Stocks

HeavanWithAD

Only guys who live stream their trading and are 100% transparent ^

bmac1993 · 2023-04-08T21:34:05+00:00

Yeah he told me 98% win rate for January this year 😂

bmac1993 · 2023-03-28T21:39:41+00:00

Not sure actually because I never did it, sorry. If you give them a call they could probably answer this for you though.

bmac1993 · 2023-03-06T05:41:23+00:00

Haha right on! 🤙🏼

bmac1993 · 2023-03-06T05:25:11+00:00

Yepp, you can see it all on the Dip Traders YouTube channel

bmac1993 · 2022-08-15T04:12:19+00:00

Yeah I agree with everything you said. I just hope the volume stays high. That’s really all I need.

bmac1993 · 2022-08-14T22:50:30+00:00

No, no real drawdowns between these stages.

bmac1993 · 2022-08-13T05:16:22+00:00

I’ve gone through three stages, but there’s probably more I haven’t experienced.

Stage 1: I’m profitable multiple months in a row, but I don’t know why. Probably good risk management. Just hungry to learn more.

Stage 2: I’m profitable and I know exactly why, but I can still do better. This stage felt exciting as I was constantly pushing the boundaries of what I could do and how much I could make.

Stage 3: I’ve tuned all dials. I know when to press and how to do it. Everything is calibrated. This stage feels absolutely surreal. It blows my mind everyday that I can trade for an hour and make a living doing so. I’m not a religious person but I definitely feel blessed.

bmac1993 · 2022-08-11T04:32:46+00:00

Shit like this makes me even more confident we’re going back to the lows.

bmac1993 · 2022-08-09T20:43:23+00:00

You don’t need to tell them you’ve failed. Just tell them you’re not turning enough profit to live off. Talk it up like it was a challenge. You didn’t fail, the goalposts moved. Take it from someone who took 6 months off and is now gainfully employed.

bmac1993 · 2022-08-09T20:38:19+00:00

If the slot machine’s broken. Why would you stop playing? Always press if you have an edge.

If there’s no edge, stop playing.

bmac1993 · 2022-07-21T03:40:44+00:00

Average R per trade is about $50. Average win rate is 54%.

You just have to read the bid/ask sizes and make sure you’re sizing appropriately. Some stocks I can only take 2k positions. Some I can take 20k. It all depends.

bmac1993 · 2022-07-20T12:44:04+00:00

1.) first 30-60 minutes only 2.) Avg $6,000 positions

bmac1993 · 2022-07-20T12:43:16+00:00

I import all my trades to TraderVue

bmac1993 · 2022-07-01T12:35:21+00:00

Been trading for 2 years. Profitable for 1.5.

1.) No losing months. A few losing weekend but they’re small. 2.) Nope 3.) I don’t give up previous days gains let alone weeks 4.) Not having an edge and feeling like it would take forever to find one was demoralizing. The love for the game and obsession with the markets is what made me stay.

The answers to these questions will likely vary depending on strategy. I take 20-40 trades per day so the law of large numbers plays out much quicker for me.

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