Seeking Alpha

DeWayne Reeves'  Instablog

DeWayne Reeves
Send Message
DeWayne Reeves is the founder of CFRN and host of a popular radio program heard daily in over 20 countries. A former equities trader, he has focused primarily on the S&P 500 Emini Futures Market for the past 5 years. His insights and trading methodology are a blend of traditional technical... More
My company:
CFRN - Christian Financial Radio Network
My blog:
Christian Financial Radio Network
  • Important Day Trading Rules  0 comments
    May 20, 2013 1:32 AM | about stocks: QQQ, DIA, SPY, GLD

    by DeWayne Reeves

    DAY TRADING RULES FOR STOCKS - FUTURES - EMINI CONTRACTS

    Are you an Active Day Trader? If so, there are 2 sets of day trading rules you must be aware of. One set of rules are issued by regulatory agencies such as the SEC / FINRA / NFTA / IRS. The second set of rules are ones you establish as the foundation of your day trading business. The first set are actual laws you as a Day Trader must abide by to avoid fines, penalties or criminal charges.

    Most traders find it easier to follow rules dictated by others, even when they seem arbitrary or unfair. It's not simply the fear of prosecution, it's a conditioned response we carry with us from birth. From an early age we are told what to do and when to do it. As we grow older we begin to yearn for independence, fueled by a desire to make our own decisions. Let's address the "easy" list first.

    REGULATORY AGENCY DAY TRADING RULES AND GUIDELINES

    What is a Day Trade? (read more)

    How is it that even your gardener knows 90% of Daytraders fail within the first year? Probably because he tried it and was smart enough to spend his last $200 on a weed whacker and hedge clippers. Self-discipline comes from within and for most of us, it doesn't come easy. If watching all the Karate Kid movies doesn't do the trick, welcome to the real world. (read the entire article)

    Trading's Not Easy - But It Can Be Simple!


    Questions?

    Call us toll free @ 866-928-3310 during normal business hours.

    After Dark - email support@cfrn.net or call 415-857-5654

    Connect with us:

    CFRN Google Plus

    Follow Me on Pinterest

    Follow us on Twitter!Twitter
    Follow us on Facebook!Facebook
    Read the MailChimp blogBlog
    Learn MailChimp on iTunesiTunes

    Please leave a review on iTunes

    5 DAY FREE TRIAL


    Live Emini Trading Room
    Platform / Data / Indicators / Training

    Themes: Emini Futures Stocks: QQQ, DIA, SPY, GLD
Back To DeWayne Reeves' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.