What You Need to Know About the Pattern Day Trader (PDT) Rule

Discussion in 'Stocks' started by Robert Morse, Mar 18, 2020.

  1. Robert Morse

    Robert Morse Sponsor

    upload_2020-3-18_6-9-34.png
    REGISTER NOW!
    Wednesday, March 18th, 4:30PM ET

    LIGHTSPEED CUSTOMERS CAN LEARN ABOUT THE PATTERN DAY TRADER RULE AND HOW IT IMPACTS ACTIVE TRADERS.
    Let’s be clear, this webinar is not about how to trade against the PDT rule, it is about how to cater your trading style to conform to the rules. The pattern day trader rule came into effect in 2001, and it states that if you’re going to day trade more than three times in a five business day rolling period, that you need to maintain a minimum balance, in your trading account, of at least $25,000 dollars.

    During this webinar, we will discuss:

    • The basic PDT rules and facts.
    • What the rule means for beginner traders.
    • Options for traders who do not meet the minimum funding requirement of $25,000.
    • And much more!
    Register now and save your seat!

    Lime Brokerage LLC is not affiliated with these service providers. Data, information, and material (“content”) is provided for informational and educational purposes only. This content neither is, nor should be construed as an offer, solicitation, or recommendation to buy or sell any securities. Any investment decisions made by the user through the use of such content is solely based on the users independent analysis taking into consideration your financial circumstances, investment objectives, and risk tolerance. Lime Brokerage LLC does not endorse, offer or recommend any of the services nor information provided by any of the above service providers and any service or information used to execute any trading strategies are solely based on the independent analysis of the user.

    REGISTER NOW!
     
  2. gaussian

    gaussian

    This will be useful for all the people who got a margin call today.
     
    Axon likes this.

    • Why?
    • I don't see how a trader with less than $25,000 is more adversely affected in today's market than a trader with more than $25,000
     
  3. Micros and box spreads are your friend if you’re under 25k
     
  4. Why not make the presentation available to everyone instead of just your clients? Seems like a great way to market your platform.
     
  5. gaussian

    gaussian

    The joke was that people who are on margin call have no need for trading advice in this market.
     
  6. Robert Morse

    Robert Morse Sponsor

    I posted this on Elite Trader because all our webinars are available to everyone.

     
    Trade Theory likes this.