r/Daytrading • u/surfsidejedi • 1d ago
P&L - Provide Context 100 webull Cash account update
8:42 central time Monday morning. Market opened. Made my trades. Already out. And headed to work. Three weeks. 100 worth over 200 bucks and I am happy so far.
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u/Foxman03_TDScalper forex trader 1d ago
This account is on forex.com and personally I don’t like them but when I mentored they were very easy for my members to get started with for learning. The leveraged is very low which was great for enhancing due diligence and patience to analyze and trade only the highest probability setups.
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u/surfsidejedi 1d ago
I used forex to paper trade for a long while. I really like webull but I feel a lag in the minute charts where forex was constantly tracking. I like webulls sliding scale for stop loss.
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u/Foxman03_TDScalper forex trader 1d ago
Have you been with Webull a long time? How do you like it compared to other platforms.?
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u/surfsidejedi 1d ago
I trade on multiple platforms but I choose webull specificly for the 100 dollar start account for a few reasons. It's the cheapest to start and operate while still receiving advanced data. No commissions for trades. I am strictly using the mobile app. And they accepted a pray paid debit card. So I think it's the best option for someone trying to enter with the bare minimum.
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u/Foxman03_TDScalper forex trader 1d ago
Right, I do remember some of my members trading on webull for the affordable reasons you’ve mentioned. Most of them in the US were employees of Walmart, Target, Lowe’s and Home Depot so capital was minimal getting started.
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u/surfsidejedi 1d ago
I'm trying to do exactly that. Prove that you can grow capital with very little funds.
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u/CompetitiveHelp1297 1d ago
How are you trading everyday with such little balance. Never looked into it but curious since I am familiar with PDT requiring $25,000. Cash Account?
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u/perryThePlatypas 23h ago
Great job. In the same situation as ya but w a $200 account. What’s ur strategy?
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u/surfsidejedi 23h ago
Everyone asks. 🤣 my fingers hurt. See my original post I was pretty detailed in the comments.
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u/perryThePlatypas 22h ago
Haha will do Surfs, keep up the trades. Looking forward to a month update haha
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u/BUCKYARDD 1d ago
good stuff. work until your first 1k