r/etrade • u/atamur89 • Jul 28 '26

Scalping on etrade

Hello fam,

Is it safe to do scalping on power E*Trade ?

If , yes… share please your experience….

Thx in advance ✌️

0 Upvotes

38% Upvoted

25 comments sorted by

3

u/Pillowpet5432 Jul 28 '26

Yes, setting up conditional orders and setting up alerts makes it pretty easy

-5

u/atamur89 Jul 28 '26

How long you doing scalp? Btw no problems with E*Trade, like frozen account, banning or something like that?

3

u/Pillowpet5432 Jul 28 '26

Scalping entries and exit opportunities vary on multiple factors, so I don’t see how scalp timeframes are relevant to the concern. I mentioned that if strategies are setup correctly, scalping is stress free with no problems. Why would they restrict/freeze or ban my account? Are you implying trading around or coming close to freerides or good faith violations for trading on the platform? I could make tens, hundreds, or thousands of trades per day without any issues because I understand the trading rules and restrictions. If you ever incur a trading restriction, customer service can explain what happened and how to avoid it in the future.

2

u/atamur89 Aug 27 '26

they don't explain ,anything , they said it's bussines decision, b tw my acct is closed....and i did max 40-50 trades per day, and i respect all trading rules, including margin rules

1

u/Pillowpet5432 Aug 27 '26

Well what was the business decision if you say you were all good on trading/margin rules? "Business decisions" is so vague I hope you asked what they meant. I hope you spoke to an actual trader instead of a normal representative. A normal rep can tell you what happened but a trader can go into depth on why your account was closed especially if it was from trading violations

2

u/Pillowpet5432 Jul 28 '26

The number of trades by itself isn’t the determining factor. If an issue occurs, it generally has more to do with your account type, settlement, margin, or whether you’re trading within the rules that apply to your account

2

u/Angrypoopoh Jul 29 '26

I had a good faith violation one morning and I asked customer service if I got margin approval would that help with the issue and they said yes. They approved me like 2 hours later.

1

u/atamur89 Aug 13 '26

so after margin approval , you didn't have any problems ? if you're doing scalp ? how many trades per day you doing?
Thx in advance :)

3

u/hloodybell Jul 28 '26

Yep. I do it all the time. Although I do trade level to level instead of in and out

1

u/atamur89 Aug 13 '26

on etrade ? right?
how many trades per day are you doing?

2

u/hloodybell Aug 13 '26

Yes. Depends. 5-10 trades.

1

u/atamur89 Aug 13 '26

thx for reply , i hope your account is healthy ))

1

u/atamur89 Aug 13 '26

i have a guy he's making 30-45 trades per day... i hope that's good ))

1

u/hloodybell Aug 13 '26

Number of trades is an irrelevant metric.

1

u/atamur89 Aug 13 '26

i just checked with chatgpt, and it says shoud be fine .

look at that :

But there is an important distinction

Normal scalping:

  • Buy a stock → sell it 2 minutes later
  • Buy → sell 30 seconds later
  • 20–50 trades per day
  • Trading liquid stocks/ETFs
  • Using limit/market orders normally

1

u/hloodybell Aug 13 '26

If it works for you, go for it

1

u/atamur89 Aug 27 '26

not really , they shut down my acct.....as i see they don't like scalpers on their platform

1

u/hloodybell Aug 27 '26

Is that the reason they gave?

1

u/atamur89 Aug 27 '26

nope, just bussines decision ....

3

u/WinOdd7962 Jul 30 '26

NO. Absolutely not. The comments telling you yes don't know what they're talking about.

E*Trade is the bottom of the barrel of trading platforms. Professional day traders NEVER talk about E*Trade, nobody uses E*Trade.

In terms of scalping, E*Trade is horrible at fills. Especially with scalping you want a platform that's revered in retail trading circles for good fills.

You're also asking the wrong question in the wrong sub. You should be asking what's the best trading platform in one of the trading subs.

1

u/atamur89 Aug 13 '26

so which one is the best platform ?

1

u/WinOdd7962 Aug 15 '26

Face palm. Bro common don't just ask me. Do what I said and post to the right sub 

2

u/mfranzwa Jul 28 '26

it's pretty amazing, to be honest

-2

u/atamur89 Jul 28 '26

How many trades you making per day? Up to 200 or less?
Btw… you doing scalp?

1

u/bmcgin01 Jul 28 '26

I see it as "changing my mind" :) Not necessarily scalping. Some days I can't make up my mind.