I recently started to code a trading algorithm bot using alpaca to send bracket orders (on a paper tradings account for now since I am currently in Europe).
My strategy is based on a 30 minutes timeframe and results in multiple orders being placed every day (each one with a with stop loss and take profit).
Therefore I quickly was stopped due to pattern day trading protection.
I know that if you have more than 25,000 dollars on your account this is not an issue, but I want to simulate my strategy with my future portfolio amount (which is much less…).
Is there a way to avoid this “protection” without having 25,000$ ? Is there a type of market where it doesn’t apply ? Should I avoid using bracket orders ?
Any help with this matter will be greatly appreciated.
I’ll also be more than happy to discuss trading strategies.