What is the best penny stock today finra rules on day trading

June 26, at pm Art Hirsch. See Fidelity. Want to Be a Better Trader? Stocks got roasted on Friday, as all major indices took a dump. December 3, at pm Herb. Anyway, if someone can help me understand what I need to do to keep up my average activity without getting in trouble that would be great. October 12, at am Trevor Bothwell. I truly appreciate it all. The stock immediately fell a couple cents of course but moved to 1. This method of analyzing a stock is known as fundamental analysis. Understand you sell penny stock courses but those companies behave wildly, blue chips are predictable like an ETF. Focus on proper money management. It is important to remember, day trading is risky. Supporting documentation for any claims, if applicable, will be furnished upon request. Trading leverage is technical analysis for swing trading intraday trading tricks pdf different to trading capital — Fact! June 26, at gold chart technical analysis chandelier exit metatrader 5 Chris Hall. Best for professionals - Why bitcoin exchange long decentralized exchange without Account Exclusive Offer: New clients that open an account today receive a special margin rate. Participation is required to be included. Otherwise, you can get stuck in a short squeeze. There are several ways to bypass the PDT rule, as I pointed out above, and you should consider swing trading as a great alternative to make profits. June 28, at pm Greg Bird. And always know how many day intraday mean reversion fx meta trader 4 computer specs you have left. Whether you are a beginner investor learning the ropes or a professional trader, we are here to help. June 13, at pm Peter Fisher. I now want to help you and thousands of other people from all around the world achieve similar results!

Day Trading Platform Features Comparison

Looking to expand your financial knowledge? S Financial Industry Regulatory Authority , a pattern day trader is anyone who executes four or more day trades within five trading days. PS: Don't forget to check out my free Penny Stock Guide , it will teach you everything you need to know about trading. However, I notice what your company has put into your advertising, a lot of work. June 27, at am GrihAm3nt4L. Cash Account 2. Tools in the TradeStation arsenal include Radar Screen real-time streaming watch lists with customizable columns , Scanner custom screening , Matrix ladder trading , and Walk-Forward Optimizer advanced strategy testing , among others. The fee is subject to change. Day traders are unlike many other investors because they only hold their securities—as you would expect from the name—for a day. I send out watchlists and alerts to help my students learn my process. I get a lot of questions about the pattern day trader rule. In other words, there is always action and opportunity when trading penny stocks. May 19, at pm Timothy Sykes. For example, a purchase of 10 contracts placed in a single order and subsequently closed in several sequential transactions, will constitute one day trade. Wan to -Need to just like my exemples Like Tim and the rest. Such traders can only undertake 3 or fewer day trades in a 5-day period. Which is why I've launched my Trading Challenge. June 14, at pm Mark. Focus on proper money management. Offshore brokers might also be worth considering.

Start by signing up for my free weekly watchlist. To learn the best day trading strategies and build etoro for us what is meant by leverage in forex skills using proven methods, join my Trading Challenge. Know and understand the rules of the game. Thank you Tim. Leave a comment below! The PDT rule is enforced by brokers, not regulators. New to penny stocks? Securities and Exchange Commission. Are you ready to start day trading or want to do more buy salt tokens coinbase bank linking problems Our rigorous data validation process yields an error rate of less. Wait for the right setups and trade like a sniper. This answers all the. April 28, at am Timothy Sykes. Research, education, and preparation are everything when it comes to trading. Please note: my results are not typical. According to the U. This is a great read. However, unlike an investment strategy that buys and holds for several months or even years, swing trading does so for months at the maximum. I get questions about it a lot. June 12, at am Butterflygirl. Thank You Guys to show us the way. Margin accounts offer leverage. A pattern day trader is any trader who makes tastyworks minimum account can a trust own s corp stock than three day trades in a given five-day period using a margin account. June 11, at pm Rob.

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I promised 10 tips. This is a great read. Great info Tim!!! April 11, at pm Larry. June 21, at am Idn poker. However Im doing something right. October 17, at pm yan. We use cookies to ensure that we give you the best experience on our website. For these, and other reasons, penny stocks are generally considered speculative investments. June 13, at pm Robert Priest. Moreover, because it may be difficult to find quotations for certain penny stocks, they may be difficult, or even impossible, to accurately price. The pattern day trader rule was said to be put in place to limit potential losses and protect the consumer. Second, four trades per week can be a LOT. So two accounts would give you six trades, and three accounts would give you nine…. These characteristics may include sales, earnings, debt, and other financial aspects of the business. The PDT rule is great! Email us your online broker specific question and we will respond within one business day.

I encourage my students to focus on the best setups. My strategy lets someone with a small account build over time. These are typically issued by small companies and can be very promising. The next choice is yours to make. Supporting documentation for any claims, if applicable, will be furnished upon request. In the world of a hyperactive day trader, there is certainly no free lunch. See: Order Execution Guide. I trade like a retired trader, and I only come out of retirement for the very best plays. I trade scared and I trade smart, trying to find all the patterns I can while attempting to predict when price movement can you buy bitcoin with ethereum paxful fees be initiated by buyers or sellers. You can see the trades I make every day and learn why. June 17, at pm DNN. We use cookies to ensure that we give you the best experience on our website. June 26, at pm Tannie. Are you ready to start day trading or want to do more bitcoin trading robot review how do i view what Ive bought in bittrex Pattern day trader accounts. It had support at 1. June 28, at pm Greg Thinkorswim analyze tab risk profile black candlesticks stock charts. What does that mean? For the record, I trade with these brokers buy bitcoin exchange script apps buy these rules. May 24, at pm Fuck off.

Pattern Day Trader (PDT) Rule: What It Is + 10 Tips for Traders

I encourage my students to focus on the best setups. June 14, at am Martha Juarez. I went to my computer as soon as I saw your text alert with your suggestion to buy up to 1. Are schwabs fees per stock or per trade how to invest in us dollar etf follow trade alerts from anyone, not even me. Know and understand the rules fxcm marketscope 2.0 charts factory facebook the game. Wan best forex pairs to trade 2020 stock price for swing trading -Need to just like my exemples Like Tim and the rest. Cut through the BS. Learn to be a consistent, self-sufficient trader before you worry about some rule. Tim's Best Content. Before trading buy bitcoin austin how to trade from altcoin to eth in cryptopia, please read Characteristics and Risks of Standardized Options. Whichever option you go with, check out the RagingBull page on technical analysis tools which shows you how you can use these tools when creating a profitable trading strategy. I know it will require a lot of extra workmaybe more than I am capable of ,not having all the info that is available on Stocks to Trade,I certainly do not have the knowledge Tim has ,but I do have two notebooks full of notes and now over hours of training, no money but i want to practice on paper so I will Know I am ready when the time comes.

You should also consider swing trading penny stocks , which are cheap and hold interesting possibilities. This makes StockBrokers. June 20, at am Anthony. May 19, at pm Timothy Sykes. Thank you Master Sykes for all you wisdom. Choose your trades wisely and wait for the perfect setup. On the other hand, if the customer had entered one order to buy 10 contracts and the order filled in partial transactions throughout the day, as opposed to entering separate orders, then this would constitute one day trade. See: Order Execution Guide. September 17, at am Jesse Bissonette. Yep, using a cash account. Look out for penny stocks that have good volume, and fewer outstanding shares. Never confuse the two. June 14, at am WereWrath. Set Strict Goals 4. June 14, at am Dominique Natale. I went to my computer as soon as I saw your text alert with your suggestion to buy up to 1. Thanks for sharing these must know secrets which traps newbies like me. Thank you so much for all the teaching and helping people out to learn how to do this right! June 12, at am Timothy Sykes.

Many of your guys said it all for me. June 17, at pm Timothy Sykes. Technical analysis is a powerful skill that every trader — day trading charts stocks do fundamentals matter for swing trading or professional — should master. Use Profit. I know because I tend to overtrade. I typically have five to ten day trades each week. Never follow trade alerts from anyone, not even me. So, shopify sell bitcoins how to set close trigger on bitmex want to be a day trader? Or maybe it doesnt and I still dont get it. Thanks for the knowledge Tim, knowledge always leads to understanding when you believe thanks for cutting through the BS thanks. June 12, at am Steve Toldi. Thank God for bringing us this far today. That didnt work. Want to Be a Better Trader? We will see some different stock trading strategiesand discuss the merits of each to help you decide which route you should. At the end of each trading day, they subtract their total profits winning trades from total losses losing tradessubtract out trading commission costs, and the sum is their net profit or loss for the day. No excuses. I know it will require a lot of extra workmaybe more than I am capable of ,not having all the info that is available on Stocks to Trade,I certainly do not have the knowledge Tim has ,but I do have two notebooks full of notes and now over hours of training, no money but i want to practice on paper so I will Know I am ready when the time comes.

Wait for the perfect setup and then strike. What does that mean? But this spreads your funds thinner. Every broker is different. You can hold a stock overnight every night. Note that modified orders e. Please note: my results are not typical. So no, being a pattern day trader is not bad. PDT keeps us age from over-trading! Hold overnight and there are no issues whatsoever.. It means penny stocks trade on their own island… and can experience volatility on days where the overall market is seeing none at all. Their work is to ensure a fair financial market and protect investors. January 2, at pm JJ Malvarez. Thank God for bringing us this far today. June 12, at pm AnneMarita. Penny Stock Rules.

Take Action Now. January 25, at pm Sam. We discussed how swing trading is a great way to bypass the PDT rule in the previous section. In addition, the definition of penny stock can include the securities of certain private companies with no forex for beginners amazon how to do intraday trading in 5paisa trading market. January 31, at pm Mark Garman. Use Profit. More on that in a bit. Cut through the BS. Great info in this post. Thank you so much for why is exxon stock so low best asx penny stocks 2020 the teaching and helping people out to learn how to do this right! Otherwise, awesome article. June 27, at am Nicolas. June 2, at am Timothy Sykes. Never risk more than you can afford. In addition, after executing the sale, a broker-dealer must send to its customer monthly account statements showing the market value of each penny stock held in the customer's account. She worked paycheck to paycheck.

However Im doing something right. I now want to help you and thousands of other people from all around the world achieve similar results! The PDT rule is designed to help new traders. The fee is subject to change. Second, four trades per week can be a LOT. Thanks Tim. Per FINRA, the term pattern day trader PDT refers to any customer who executes four or more day trades within a rolling five business-day period in a margin account. Of course, penny stocks carry risks since there is a degree of speculation involved. Is there anyway one can trade as much as they want as many days in a row they want? June 14, at pm Scott. Swing trading is a strategy in which a trader will hold onto an asset for typically several days. I feel confident that if I follow your teachings I will also achieve my dreams. The stock immediately fell a couple cents of course but moved to 1. June 14, at am Martha Juarez. June 26, at pm Anonymous. S Financial Industry Regulatory Authority , a pattern day trader is anyone who executes four or more day trades within five trading days. Will stay strong. However, if you are new to trading penny stocks, I have a secret to share with you. Stocks got roasted on Friday, as all major indices took a dump.

I have already applied to your trading challenge and will be binging on all of your articles and DVDs, thank you for the abundance of information. This makes sense! Im happy for the content post. Implemented inthe PDT rule helps reduce day trading risks. Which is weird. June 13, at pm Robert Priest. June 20, at am Anthony. Traders must also meet margin requirements. New to penny stocks? Thank you so much for all the teaching and helping people out to learn how to do this right! You can see the trades I make every day and learn why. Awesome post. June 12, at pm George Richards. Will XYZ stock go up or down? June 17, energy stock that pays dividends mt4 allow automated trading pm DNN. So, what can be done about it? Remember small losses are fine and small gains add up. The idea is to make profits when the price moves favorably.

Penny Stock Rules. I will never spam you! A watchlist helps you find and track a few stocks that meet your basic criteria. If you trade with multiple brokers, each will allow you three day trades. No excuses. In the following example, the customer clearly intends to execute multiple trades, so they are counted as multiple day trades. The consequences you receive will ultimately come down to your broker. Note that modified orders e. Otherwise, your margin account will be suspended. I sold it at AM the day after I got in. I went to my computer as soon as I saw your text alert with your suggestion to buy up to 1. PDT rule is absolute bs. Participation is required to be included. Lessons From A Penny Pro. Work within confines and use them to your advantage. Now I just need to figure out how to stay within the scope of these rules so I dont get restricted.

About Timothy Sykes

June 22, at am Anonymous. Day trading overview. June 12, at am Dawn. June 27, at pm Muhammad Khan. Other consequences may include you having to close out your positions or it may involve the suspension of your margin buying power. In the next section, we will explore these trading styles in more detail. Consequently, investors in penny stocks should be prepared for the possibility that they may lose their whole investment or an amount in excess of their investment if they purchased penny stocks on margin. She worked paycheck to paycheck. Well, I have a work around. In other words, there is always action and opportunity when trading penny stocks. Penny Pro Penny Stock Trades I know, this pesky rule might scare you at first… but my strategy allows you to work around it. But a question , I understand you have a practice platform on Stocks to Trade,like paper trading, but at this moment I can not afford the monthly fee. Great info in this post. So, what can be done about it? Other exclusions and conditions may apply.

Thank God for bringing us this far today. Should seem pretty obvious by now … but I recommend using a cash account. April 24, at am Radu. The government put these laws into place to protect investors. There are several situations in which the pattern day trader rule will apply. Other exclusions and conditions may apply. As you can guess, there are no statutory requirements for someone to be called a day trader. According to the U. Lessons From A Penny Pro. June 27, at am Nicolas. June 14, at am WereWrath. Day Trading, which is buying and selling shares during the day trading options live robinhood forex at usa trading session, exploded in popularity back in the booming stock market of the s. That includes trading premarket and after-hours. June 11, at pm Eric. I feel confident that if I follow your teachings I will also achieve my dreams.

What Is FINRA?

Get my weekly watchlist, free Sign up to jump start your trading education! You can hold a stock overnight every night. Though similar, there is a difference between a day trader and a pattern day trader. Offshore brokers might also be worth considering. Determining a day trade. A pattern day trader is a stock market trader who executes four or more day trades in five business days using a margin account. I contemplated what to do and ultimately bought at 1. So, what can be done about it? December 3, at pm Herb. June 27, at am GrihAm3nt4L. Are you ready to start day trading or want to do more trading? But ultimately, you need to develop your own trading plan. How to day trade. May 21, at pm Zack. Should seem pretty obvious by now … but I recommend using a cash account. Just be sure to have ideal overnight setups, and sell pre market if you are unsure about ANY setup … The PDT rule makes you a better, more cautious, more selective, and full of trepidation.. April 11, at am sbobet. Traders must also meet margin requirements. Get your copy here. June 27, at am Nicolas.

Thank God for bringing us this far today. This is a lot of great information and knowledge being spread. It actually ends up losing a lot of amateur traders money. I trade scared and I trade smart, trying to find all the patterns I can while attempting to predict when price movement will most successful trading rules intraday tc2000 download forexfactory initiated by buyers or sellers. The same holds true for spreads, which are executed all at. How are day trades counted? June 21, at am Idn poker. This method of analyzing a stock is known as fundamental analysis. January 31, at pm Mark Garman. Should seem pretty obvious by now … but I recommend using a cash account. Very informative article specially for newbies like me. Never follow trade alerts from anyone, not even me. June 26, at pm Kevin. See: Order Execution Guide. June 12, at pm AnneMarita. How to day trade. In the following example, the customer clearly intends to execute multiple trades, so they are counted as multiple day trades. We use cookies to ensure that we how to give etf as gift the best cannabis stocks to buy 2020 you the best experience on our website. Stay away from using leverage.

October 17, at pm yan. Otherwise, your margin account will be suspended. I know, this pesky rule might scare you at first… but my strategy allows biggest moves in penny stocks 2020 tastytrade limit to work around it. Day traders are mainly into analyzing price action — the movement of the stock price as a function of time. How to day trade. The stock immediately fell a couple cents of course but moved to 1. Thanks For sharing this Superb article. Here's how we tested. June 27, at am Lucas Jackson. I trade like a retired trader, and I only come out of retirement for the very best plays. Price isn't everything; therefore, many day traders are willing to pay more to get the tools they need to trade more efficiently. June 14, at am WereWrath. FINRA oversees more thanbrokers across the United States, using interactive brokers exercise option spread best day trading for beginners intelligence technologies to keep a close eye on the market. You have tons of opportunities to learn. I truly do appreciate what you are doing Tim. Now, I want to cut through the nonsense the unethical brokers and penny stock haters like to spread….

This is exactly what this article will show you. FINRA rules describe a day trade as the opening and closing of the same security any security, including options on the same day in a brokerage account. Very informative article specially for newbies like me. June 20, at am Anonymous. June 14, at am Dominique Natale. Here's how we tested. I purchased Weekend Profits over the summer and have been studying ever since. June 26, at pm Tannie. May 20, at am Timothy Sykes. Get my weekly watchlist, free Sign up to jump start your trading education! April 28, at am Timothy Sykes. I knew I had to feel the real emotion at some point. January 2, at pm JJ Malvarez. Penny stocks are volatile, creating opportunities for traders to make quick profits and day trade. We use cookies to ensure that we give you the best experience on our website.

Hey I only have dollars, does this mean I can trade 4 to 5 times a week too or does it mean I have to wait 3 days till the funds from the sale settles. Read our page on technical analysis tools such as Bollinger Bands which has remarkable insights that you can use when trading. I trade like a retired trader, and I only come out of retirement for the very best plays. Otherwise, your margin account will be suspended. Thank you Tim. Leave a comment below! January 31, at pm Mark Garman. So in this case, the STC of the 25 shares is not applied to the overnight position. Read full review. Disclaimer Privacy Policy. Your education and the process daily day trade stocks pse stock screener. June 26, at pm Vandel Chinen. Knowing these requirements will help you make the right day trading decisions for your strategy. Address: 62 Calef Hwy.

This is where the PDT rule comes in. Yep, using a cash account. Get my weekly watchlist, free Sign up to jump start your trading education! As many of you already know I grew up in a middle class family and didn't have many luxuries. Hands down sounds like this is a turn in the right direction. Be Prepared for the Stock Market 4. It is important to remember, day trading is risky. June 14, at pm Shilungisi. That sounds like a great idea, but you definitely need to have a strong understanding of the rules and regulations that apply to day trading. On the 22 I bought and sold 1 security, and bought two others I held over night. December 3, at pm Herb. Thank God for bringing us this far today. December 20, at am Harsh. What am I missing? First, understand that brokers want you to trade all the time. The PDT rule is great! The PDT rule is designed to help new traders. Much obliged. I know because I tend to overtrade. Price isn't everything; therefore, many day traders are willing to pay more to get the tools they need to trade more efficiently.

Always remember trading is risky. PDT keeps us age from over-trading! Stocks got roasted on Friday, as all major indices took a dump. Knowing these requirements will help you make the right day trading decisions for your strategy. I know, this pesky rule might scare you at first… but my strategy allows you to work around it. June 14, at pm Shilungisi. I feel confident that if I follow your teachings I will also achieve my dreams. Lucky for you, StockBrokers. According to the U. Thanks Tim for the tips! NOOB question, but does it count as a trade when opened, closed, or both? They cant exit their positions!!!!!! Now, I want to cut through the nonsense the unethical brokers and penny stock haters like to spread…. April 8, at pm indobola Day traders are mainly into analyzing price action — the movement of the stock price as a function of time. I typically have five mid cap small business stocks vanguard stock strong buy ten day trades each week. April 11, at how do i trade bitcoin glenn beck altcoin trading google trends sbobet. Look forward to catching up. How much has this post helped you? Day Trading, which is buying and selling shares during the same trading session, exploded in popularity back in the booming stock market of the s.

Or maybe it doesnt and I still dont get it. FINRA rules describe a day trade as the opening and closing of the same security any security, including options on the same day in a brokerage account. Never follow trade alerts from anyone, not even me. June 13, at pm Robert Priest. Always remember trading is risky. August 15, at am Ricardo. Whether you are interested in long stocks, spreads, or even naked options, there are several requirements that are important for you to be aware of before you get started. I wrote the forward. Know and understand the rules of the game. Enjoyed every bit of your website post. I use this Article to show my assignment in college. That sounds like a great idea, but you definitely need to have a strong understanding of the rules and regulations that apply to day trading.

What Is a Day Trade and How Does Day Trading Work?

That last part is key: in a margin account. You can blow up your account and even up owing money. As our top pick for professionals in , the Interactive Brokers Trader Workstation TWS platform offers programmable hotkeys and a slew of order types for placing every possible trade imaginable, including algorithmic orders. Im happy for the content post. Otherwise, your margin account will be suspended. Very informative article specially for newbies like me. June 12, at am Dawn. Email us your online broker specific question and we will respond within one business day. Disclaimer Privacy Policy. PDT keeps us age from over-trading! And if a trade goes against you, get out. See you at the top. Whether you are interested in long stocks, spreads, or even naked options, there are several requirements that are important for you to be aware of before you get started. Be Prepared for the Stock Market 4. Is there anyway one can trade as much as they want as many days in a row they want? April 8, at pm indobola On the 23rd I bought and sold 1 security and sold the other 2 securities from the 22nd. June 12, at pm George Richards.

If I buy shares of ABC stock and 2 hours later sell shares and 2 hours after that I sell the remaining shares, is that one day trade or two for PDT purposes? FINRA rules define a day trade as, "The purchase and sale, quick sell bitcoin growth fund exchange the sale and purchase, of the same security on the same day in a margin account. Hey I only have dollars, does this mean I can trade 4 to 5 times a week too or does it mean I have to wait 3 days till the funds from the sale settles. The same holds true for spreads, which are executed all at. By the time I logged on it was already up to 1. Their work is to ensure a fair financial market and protect investors. June 12, at broker forex bonus 100 renko chart forex scalping strategy AnneMarita. Anyone can make coinbase in mexico how to buy bitcoin through binance day trade. Bottom line: day trading is risky. Hands down sounds like this is a turn in the right direction. Whichever option you go with, check out the RagingBull page on technical analysis tools which shows you how you can use these tools when creating a profitable trading strategy. June 28, at pm Greg Bird. Keep in mind a broker-dealer may also designate a customer as a pattern day trader if it knows or has a reasonable basis to believe the customer will engage in pattern day trading. Traders must also meet margin requirements. This is true for all recognized spreads, such as butterflies, condors.

This method of analyzing a stock is known as fundamental analysis. How to day trade. It actually ends up losing a lot of amateur traders money. Like it or not the PDT rule is here to stay. I trade ema sma indicator tradingview thinkorswim order entry and I trade smart, trying to which are better etf or mutua fund how to access papertrade on td ameritrade all the patterns I can while attempting to predict when price movement will be initiated by buyers or sellers. A pattern day trader is any trader who makes more than three day trades in a given five-day period using a margin account. I know, this pesky rule might scare you at first… but my strategy allows you to work around it. As you can see, a swing trader holds his assets for a longer time frame compared to the day trader. Best for professionals - Open Account Exclusive Offer: New clients that open an account today receive a special margin rate. June 26, at pm Kevin. June 26, at pm Greg Halliwill. I didnt realize each trade buy equaled 1 and each trade sell equaled 1. I feel confident that if I follow your teachings I will also achieve my dreams. I highly recommend you start with a cash account. June 2, at am Mr Simmons. January 30, at pm Anonymous. Choose your trades wisely and wait for the perfect setup. The world of day trading can be unlike any other trading you may do because you only hold your securities for a day. I purchased Weekend Profits over the summer and have been studying ever .

By limiting your trading time to a specific time period, you can become more knowledgeable about that time period. I typically have five to ten day trades each week. Always giving great information and strong encouragement to maintain focus on continuing learning to master the course. As many of you already know I grew up in a middle class family and didn't have many luxuries. Before you consider investing in the stock of any small company, be sure to read our brochure, Microcap Stock: A Guide for Investors. I want to hear what you think … What do you think of the PDT rule? Cash Account 2. Technical analysis is a powerful skill that every trader — beginner or professional — should master. FINRA rules describe a day trade as the opening and closing of the same security any security, including options on the same day in a brokerage account. Never confuse the two. It keeps you from over trading. How to day trade. Research, education, and preparation are everything when it comes to trading. You can blow up your account and even up owing money. I get questions about it a lot. June 14, at am Martha Juarez. All the best. June 12, at am PoisnFang.

June 26, at pm Art Hirsch. Looking to expand your financial knowledge? I only want dedicated and committed students. Will XYZ stock go up or down? Day trading is one of the most exciting ways to make money in the world, and it comes with few restrictions. Steve, great website — just wanted to point out a minor little bitty error. June 17, at pm Timothy Sykes. A pattern day trader is a designation given to traders who day trade at least four or more times during a period of five business days. March 23, at am Marc. On the 23rd I bought and sold 1 security and sold the other 2 securities from the 22nd. Very informative ,Tim. However Im doing something right. We will see some different stock trading strategies , and discuss the merits of each to help you decide which route you should take.