Full show notes: http://chatwithtraders.com/ep-010-tim-grittani/ – – Tune in to the journey of an incredibly talented intraday trader, who has transformed a ,000 account into almost ,000,000 – within the space of just a few years.

It was early 2012 when he first ventured into the jungle of penny stocks. After catching on to how these markets operated and understood the manipulation, he certainly mastered a few setups that paid him generously over and over again. Eventually he hit a few limitations, and now he’s predominantly a short-seller of NASDAQ stocks, which makes for an interesting segment during this interview.

He is undoubtedly one guy you should pay close attention to, and his name is Tim Grittani, aka @KroyRunner89.

Looking back, Tim has now pinpointed the 5 key factors that have contributed to the majority of his success to date, and breakdowns each of them over the next 40+ minutes.

Plus, you’ll also hear about the events that lead up to his gigantic single trade loss of 0,000 during October last year. This will give you a great appreciation of just how bad things can get when you go against your trading rules. Because as you’ll hear when the ongoing problem surfaced, it got ugly – real quick!
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Trading 101: What is a ‘Day Trade’?

How to Avoid The Pattern Day Trader Rule – https://claytrader.com/videos/trading-academy-101-avoid-pattern-day-trader-rule/

Thanks to the government regulations, in 2001 the Pattern Day Trader Rule was introduced. The rule states that if you have less than ,000 in your account, you can only have three day trades per five “rolling day” period. This brings up the logical question that many newer traders are left wondering “what exactly is a day trade?”. I talk about exactly that in detail.