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Kevin E Harris

Kevin E Harris

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Join date: May 29, 2025

About

I have been day trading since late 2023. I began trading small caps, moved on to large cap stocks and I now trade options. I have learned much (mostly the hard way) that I have documented every day along the way and I feel that the lessons I have learned I can now pass on. Hopefully this can prevent new or low-time traders from making the same mistakes that I have made. In addition, I have come to realize that the psychological traps and influences that we all face must be understood and dealt with in a positive way before there is any chance of trading in the green. I hope you will find the material here helpful and that your trading journey from here is a great one!


Kevin Harris

Less Red Trading Administrator

Posts (17)

Aug 10, 20264 min
The PDT Rules Change
The PDT Rule Is Dead: What FINRA's June 4 Overhaul Actually Means for You For over two decades, one number governed whether you could day trade freely: $25,000. If your margin account balance sat below that line, four day trades in five business days got you flagged, and your account got restricted. It didn't matter how good your setups were or how disciplined your risk management was — the balance in your account was the only thing that mattered. That's over. On June 4, 2026, FINRA...

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Mar 7, 20265 min
Have You Been Hunted? Unmasking the 'Stop Hunting' Phantom...
For any beginner trader, the experience is almost guaranteed: you place a perfect trade, set a logical stop-loss, and then... bang. The price dips, triggers your stop, and immediately reverses, leaving you to watch a profitable trade sail away without you. It feels personal. It feels like the market makers are out to get you. Welcome to the world of "stop hunting." That's the feeling, at least. But the reality is far more nuanced and much less conspiratorial. Instead of a shady operator...

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Jan 3, 20262 min
Mechanical vs Discretionary:
Which style of trading suits you best? Trading involves many decisions, and one of the most important is choosing between mechanical and discretionary approaches. Each style has its strengths and challenges, and understanding these can help you find the strategy that fits your personality, goals, and trading environment. What Is Mechanical Trading? Mechanical trading relies on predefined rules and algorithms to make decisions. Traders using this method follow a strict set of criteria for...

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