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IN#39’Brunei Simon here from inform Transcoding today×39’s video we're going to review short trader and equities broker that caters towards day traders and active traders let#39’s get started ok key points short traders starts at approximately×4.95 per trade minimum training fee of×50 if you place less than 15 trades per quarter, so this is one sign and all the others that this service is really geared towards active short-term traders if you#39’re not trading 15 times per quarter you×39’re going to get it in the training thief you might want if you×39;retarding less than that you may want to consider a different broker there is no pattern day trader rule, and you can be Au.s. client trade without the pattern day trader rule using short trader will review what the PDT is DRS and dividend reinvestment programs are not available through short trader buyer beware this strikes me pretty similar to CDs and then we#39’ll review the platform and discuss that okay so cost analysis in order to avoid getting hit with inactivity fee by not placing fifteen trades per quarter you need to place around or at least five round trips per month on average you can expect that to be fifty dollars in commissions per month you are allowed to use up to sixth one leverage for accounts provided your account has a balance greater than five hundred dollars with leverage positions that are greater than two-tone that you have onto if using more than two to one leverage if you're done#39’t close it out by3:30 p.m. est New York time you×39’re going to get, or you're they're able to strike you hit you with the $55 a trade field and there are other fees if your account balance falls below $500 so based on this is pretty interesting you#39’re not able to meet the requirements of a pattern day trader, and you are still an active day trader who's going to be closing out positions before the market closes or even approaches closing time if you are a first hour trader you×39’re going to have your trading done before or by the early part that afternoon New York time, and you want to be trading with regular frequency day trading intraday trading with regular frequency, and you're done#39;have the $25,000 account balance that the pattern day trader requires this might be good for yours I mentioned up here in my personal opinion you know I think you should caveat least a few thousand dollars maybe five thousand dollars that you can Putin your short trader account so you×39;rethinking I'd like to day-trade stocks Done#39’t have twenty-five thousand that the pattern day trader rule requires but Have five thousand, and I'm going to risk there a little of a riskier environment the short trader might be something that you want to consider in that regard I think that#39’s sort of where the numbers and the value makes sense you×39’re that trader who you know once day trade doesn't#39’t have a ton of money fit has a few thousand dollars five thousand let's say that you're willing to risk put in...
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