Series 7's effect on day trading ability

If I get my series 7 does that effect my pattern day trader status at all? I don't need a series 7, just want the knowledge and license. T.I.A

 

Your trading ability will not be enhanced by passing the series 7, nor will it affect the PDT rule!

Learn how to read the tape.

 

Good screen name. The "Learn" part takes about 5 years.

 

thanks. coming from someone running a hedgefund im happy with you breathing in my direction!!! Im trying to read everything i get my hands on in order to speed up the process.

 

S7 is about laws, rules and regulations... it has nothing to do with trading, or learning how to trade.

http://en.wikipedia.org/wiki/General_Securities_Representative_Exam

 

I live in England and I am eagerly awaiting SERIES 7 of The Shield as I think it is a splendid show. Much better than the shit we get on telly over here. I also like Dexter(gory), Desperate Housewives(good mix of fanny), Nip Tuck(gory, good mix of fanny), that one with Dennis Leary and the fire engines(fire, violence), Brotherhood(er...political intrigue, violence, funny accents) and Sleeper Cell (sadly making no more).

Thank you.