u/WeeklyCrab3286

I've been practicing on demo accounts/sim trades for a couple of months and am looking to move to executing real-money trades.

I have an IBKR account but when I tried to execute a day trade (about a 15 minute hold) I received a warning from IBKR saying I'm not allowed to day trade and any further attempts will result in restrictions on my account.

I'm aware that certain platforms and regions have a $25,000 minimum for day trading. I was planning on starting with a £5000 account.

I previously used a Trading212 CFD account but found that the margin requirements meant that I couldn't take out positions large enough to match my target risk level (£50/trade, the highest I could get on most positions was £30/trade).

I'm struggling to find any information on it in the wiki or online. Are there any UK brokers that would allow me to day trade with a £5k account? Mainly trading US stocks and futures.

Hi Guys,

I'm just getting into trading, and I'm wondering if you guys would have any useful tips that could help me out with my journey.

I'm trying to be as thorough as possible, learning everything about stocks/trading before I get into it with my real money. Currently I'm using a Trading212 CFD practice account with £1000 since that's the amount I was planning to start with (I'm willing to push it to 3-5k once I'm confident with my strategy and proven profitability).

I've mainly been looking at the 5-minute Opening-Range Breakout + Retest strategy, as the concept of the strategy makes sense and it seems to fit my timetable.

I'm having some issues with position sizing, risk scaling and developing a reliable logbook to keep track of my trades. Any advice or directions would be appreciated!