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SteadyTrade

Ep 124 - Getting Over the PDT with Dom Mastromatteo

SteadyTrade

SteadyTrade.com

Business, Education, Investing

4.6589 Ratings

🗓️ 19 November 2019

⏱️ 35 minutes

🧾️ Download transcript

Summary

Struggling with the PDT (pattern day trader) rule? You're not alone, and up-and-coming trader Dom Mastromatteo is sharing how he overcame the dreaded PDT rule to make six-figures trading. Gain insight on how this 20-year-old trader finds ideal setups, how he balanced his life with studying the Stock Market about 12 hours a day, and other tips you won't want to miss. Tune in and take notes!

Transcript

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0:00.0

I think college really is a great trainer how to be a worker.

0:07.0

Yeah.

0:08.0

And I never wanted to be a worker. I was kind of sick of that. And I knew that if I got

0:11.5

into that system, I'm pretty loyal guy. So if I got into a job at 23, I would have a hard time

0:18.0

quitting or trying to find something I really wanted. Then you had in a wife and kids.

0:22.2

And then I can see how 10, 15, 20 years go by without you ever do anything they actually are passionate about.

0:31.2

You're listening to the Steady Trade Podcast, a podcast that inspires traders to make meaningful strides and pursue their passions.

0:39.3

Your host are Tim Bowen, the lead trainer at Stocks to Trade Pro, Kim Ann Curtin, the Wall Street Coach, and Stephen Johnson, the up-and-coming trader who's always willing to learn.

0:49.9

Together, we'll sit down with experts to talk about their process, the lessons they've learned,

0:54.3

and discuss how all traders can level up their trading careers.

1:01.6

Welcome back to the Stady Trade podcast.

1:03.8

Today, we've got another young trader, a young man.

1:07.9

Again, I keep doing this on these podcasts.

1:09.8

Where's the ladies at?

1:11.6

In the words of Beyonce.

1:14.1

But anyway, another young trader, another young man with a great work ethic, went into trading

1:20.3

because he, you know, he followed the similar path that I did.

1:24.2

He went to college just because he didn't know what else to do and then truly

1:29.0

found his passion in trading. Still a young guy, early 20s. I can't, I mean, I think 23, 24. He mentions

1:36.5

it in the podcast. I might say it wrong, but early 20s and is really pursuing his dream. He's got,

1:42.5

he's in the office with Jack Kellogg.

1:44.6

If you haven't listened to the episode with Jack, I reference it all the time.

...

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