Thanks for the tips HShankle! Being subject to PDT myself, some others in chat gave me a similar suggestion:
Open two accounts at TD Ameritrade, one cash, one margin. Helpful with my small acct: I have $500-$1,000 in my margin account and I'm opening a cash acct with another $1,000 soon (using mostly profits, thanks SH on providing the AMZN prep work this week and to AAPL for calls o/n). Seeing everyone bank while you're sitting on the sidelines pretty much sucks.
Hopefully the 1 day settled funds works with only $1,000 deposit, that would be excellent!
-- As a side note -- Having traded Options less than 2 months now, I will keep my accounts $500-1,000 until I learn consistency and trade without going bi-polar when volatility soars, hah! (Although my occasional happy dance now and again like this am on AAPL can't be so bad I withdraw funds once I get over $1,000. If my acct goes too low, I deposit funds, which gives me 3-5 days of papertrading to learn from my mistakes. It forces me to think twice before pressing enter, gives me a great reminder without breaking bank when I go all/mostly all-in and get owned on one bad trade - but most of all - it doesn't allow me to go outside my comfort zone with too many contracts, lottos, etc..
Thanks for everyone's help in chat!
Sara
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