Violating the pattern day trading rule can be a costly mistake for active investors. For the uninitiated, it can result in trading restrictions or a locked account. And when that happens, any holdings ...
According to Financial Industry Regulatory Authority (FINRA), a pattern day trader (PDT) is someone who trades at least four times over the course of five business days and their day trading exceeds ...
Whether you're a novice investor venturing into the day trading arena or a seasoned trader seeking to broaden your horizons, understanding the fundamentals of pattern day trading (PDT) is crucial. You ...