Understanding the Pattern Day Trader Rule

[@Stockstotrade]

Are you dealing with the pattern day trader rule? Are you frustrated by it? Have you ever run out of day trades? Be sure to comment below and let me know!

[@jeanluisindriagolugo232]

Just wonderful, been searching for "stock trading strategy" for a while now, and I think this has helped. Have you ever come across - Annahiy Stockify Sabinianus - (should be on google have a look ) ? Ive heard some awesome things about it and my friend got cool results with it.

[@musicboxrecordinggroup42]

You guys explain this spot-on!!!! Thanks👍

[@Torack]

My broker told me the PDT rule only applies to margin accounts. I have a cash account.

[@muhammadfaiq1310]

Dear Sir I am italian does pattern day trade rules apply on me? I need your answer pls . Thanks alot

[@Torack]

Muhammad Faiq Ask your broker. Email or call.

[@HunterKutz]

If that's not oppression of the poor, I don't know what is.

[@chrismoneystl]

YES!!!!!!!!!!!

[@skyflower7]

Exactly

[@musicboxrecordinggroup42]

Finally, someone who explains the PDT rule clearly, along with the 5 business day rolling period.

[@maliktabish7462]

The Pattern Day Trader (PDT) rule requires a $25,000 minimum equity balance for margin accounts executing four or more day trades within five business days.

[@S4h4r4s]

Glad I watched this video thank you. I violated the PDT rule myself towards the end of summer after being up 30% and boy did it hurt me bad one month lol. Now the 90 days has been lifted and I'm ready to make a comebac!

[@myworldonvideo8721]

The very first thing I do before even looking at stocks in the morning is look at how many day trades I have left . If I have one , then usually I make a trade. If I have none left then I just paper trade . Sometimes being under the PDT Rule is a good thing because it limits trades which can help build discipline because you have to be smarter about the trades you do make and less trades also means less potential losses .

[@NewDoigChallengeMyself]

Good to know, thanks for sharing

[@hamzehaladwan]

But 5 is way too little. 5 for each day sounds pretty reasonable.

[@slendertv5682]

Very new to trading here. What is a paper trade? Probably really obvious but explain.

[@biggamer500]

@@slendertv5682 paper trades are virtual trades. So trades only on paper(no substance). So you are using virtual money and it tells you how much you would have gained or lost if you had made it will real money. It's a great learning tool to let you know if you have a decent trading strategy or if it should be shelved.

[@TheRealJuseBeats]

@@hamzehaladwan Should be unlimited trades. If i wanna trade one or 100 what difference does it make?

[@elvilx3262]

This is legitimately one of the most annoying rules. Ugh, gotta keep working until I get upto 25k

[@66ott7]

25k in available cash or 25k total including your stocks?

[@bob-rg7vo]

@@66ott7 this is what I'm still trying to find out

[@trymeimalreadyaghost1456]

@@66ott7 my understanding is stocks and cash together

[@trymeimalreadyaghost1456]

@@bob-rg7vo my understanding is stocks and cash

[@prettybrwneyez7757]

No you don’t. Just trade in a cash account and only trade with settled cash, then no PDT

[@antoinefoster36]

I hit the rule today and my stock went up 173 percent my earnings would be 400 right now and I’m sweating bullets

[@Faby1453]

Finally a person who explains it correctly! Thanks!

[@michaelosborne4882]

It took some time till I was able to build a strategy around the PDT rule. Didn't know about it until AFTER I had made my very first 3 trades!! I rely more heavily on over night holds now. Hedging since I'm unable to cut losses early while the market is closed. Great video, sir!!

[@gracefire7]

I am so glad you patiently and clearly explain these little intricacies of the stock world. I had the misunderstanding that it was 3 day trades a day, with NO awareness of the rolling 5 days. Tim S. keeps saying "hold overnight," so I thought if I held overnight, it wouldn't be counted a day trade. I just heard about the rolling 5 day period, today, so of course I needed to look it up to understand it better. I'm glad my co-worker corrected me, otherwise, I might have been caught & penalized with acting on wrong info.

[@Stockstotrade]

Glad you learned in time!

[@Captainlonate]

Question Tim: Say I put $26k in my account. Then I buy a stock for $3k. My "Chase You Invest" says the value of my account is still $26k. At this point, the value of my account is 26k, but I only have 23k in cash. Am I under the PDT rule? Meaning, can I infinitely day trade? Follow Up Question: Say I sell that stock back for same price. So now I'm back to $26k. But! The funds won't settle for 2 days. So during that 2 days, am I under the PDT rule?

[@banjohero8352]

As long as you have value of 25k or more you are good to go.

[@manwich_enjoyer]

Doesn’t the PDT rule only apply to margin accounts so no settled funds ??? Not sure tho

[@prettybrwneyez7757]

No he’s not under PDT as long as you’re in a cash account and not a margin account

[@yodaleiheehu3280]

PDT rule forces me to become a long term investor.

[@harveyrott8617]

I have been trading for about 6 months now and pretty much every trade is slapping me in the face. Almost impossible for me to capture more than a few points. I'm trying to do top-down analysis and MTF analysis, but it doesn't work for me. I'm like, clearly I'm in the 90% losing money, so I open a demo account, do my analysis, then take the opposite of what I would normally take (I know, that sounds silly but I was desperate) and get the same result. I'm starting to feel hopeless, any advice for a struggling trader?

[@zelenkamaarit7543]

Your problem could be that your stop loss is way too close or that you are overseeing your trades. Place it and walk away. Or you can just quit, trading is not for everyone.

[@isabelleite3235]

I'm looking for stocks to add to my portfolio that have a market cap below 15B (and pay a dividend). The idea is to purchase stocks that may outperform QQQ and be target for a merger/acquisition. Only found TER (Teradyne) so far. I can do without dividends too if the stock has great products like CRNC (Cerence). Any idea,

[@czarwright7218]

I started 2 weeks ago, 1k each into PLTR, NIO, XPEV, CRSR, NET. It's all going ... very well so far, to the point where I'm kind of worried lol. I've come across some rumours that NIO and XPEV, maybe even PLTR, are bubbles, and I don't really have the tools or experience to make my own judgement. What are the chances of me losing money at this stage? And also, how do I know when to sell?

[@SilverDragon092]

@@czarwright7218 please told me you sold

[@czarwright7218]

@@SilverDragon092 Yes mate I did, cause I was advice by christian John professional trader to do so,he has been very reliable to me.

[@garyporter6357]

Good explanation, Also block purchases apply to PDT, make 2 purchases of 50 shares xyz and you sell 51 shares xyz entering 2nd block will count as 2 trades under PDT making it 4 trades. Makes for a bad day!! Love your stuff TB,

[@maricruzperaza-aranda6988]

Thanks so much for explaining this rule. I was not aware of it and at the beginning of the video I thought that weekends were part of the 5 days count. Now I know is from M-F and starts again on Mon. Blessings

[@Stockstotrade]

Glad it was helpful!

[@DaskaiserreichNet78]

Does the Pattern Day Trading Rule or FINRA Rule apply to investors that live outside the USA? Or are they free of this rule or do they have another rule?

[@sev7634]

Finally someone has gotten to the point. Thanks!

[@adammichali1991]

To become a pattern day trader, is the $25,000 based on your account value or does it factor in your margin value as well?

[@carleynorthcoast1915]

must be actual cash balance in USD

[@MrBigspendn]

Cash or value of securities held minus any margin borrowed.

[@rickbreckerlin6265]

Hey, beginner question here.. If I buy one stock and sell a different stock in the same day does that count as a day trade? Or does it only count if it's the same stock that's bought and sold within the same day?

[@dlove5864]

It only counts if its the same day. So if you are under 25K, you can still make more than 3 moves in a 5 day period, you just can only buy and sell the same stock in the same day 3 times. When I was under 25K I could typically scalp 3x in a week, and then swing 8-10 stocks over multi day periods in that week.

[@DylanMorrow48]

Hi rick - YES, it has to be the SAME stock bought and sold in same day to be considered a day trade - you can buy and sell as many other in day .... but you can only buy and sell one stock 3 times in a 5 day period

[@roshintroy1993]

John D M so if I buy a stock on Monday and I could sell them from next day any times and any days I want right

[@nurymyeskulov6133]

@@dlove5864 Hello!!! 25K$ means only margin account or cash account also? If I have 24 999$ in cash in my account and I can't do 4 day tradings in 5 days period. Is that correct?

[@maliktabish7462]

To qualify as a day trade, you must buy and sell the same stock within the same trading day; buying and selling different stocks on the same day is considered swing trading or position adjusting.

[@ysstprasanth]

Hi, when we say trade, does that include both sell and buy? Will both of them be counted for day trade?

[@connorbetancourt5605]

I have around 100$ But I got warned by the 3 rule day trade, I'm expecting my stock to go Up like 70% But I can't trade for a week Thanks, I would have lost all of my money

[@hebertcentrone6804]

how many days can you trade if you have more than 25,000 dollars

[@franciscotrinidad6910]

Best video regarding the PDT rule.

[@KpxUrz5745]

I know this was intended to fully explain the PDT rules, but actually it didn't. I have many questions still. One of the big clarifications I would like is: if the account has over $25K in value (positions and cash), do PDT rules affect the account at all? The reason I ask is that I have a far larger account and yet recently did a large daytrade, then received a warning notice from the broker to observe PDT rules. In fact, their notice was not very clear about the specifics. I am still looking to read the exact wording of these rulings.

[@Stockstotrade]

study haaard

[@AlanTrades]

What about adding shares to a winner, and selling off some to lock in profits, then finallh closing the trade within minutes? Does this count as 2 pdts? Or just one since its the same stock ?

[@besttoursenterprises8824]

Knowing that the exchange may not let me close a position after the 4th day trade is critical, and important to know. They locked my account for only 24 hours after I simply told them that I didn't know anything about the PDTR. They let me slide one time, however once you truly "do know", they will tell you that they warned you one time already, and then they will close it. You cannot go to let's say another brokerage firm, and open an account their either. The closure for 90 days follows you from brokerage to brokerage. You could always wire your funds back to your bank, and wait for the 90 days to elapse. I like your idea about choosing the cash account instead of a margin account. That's how I'm going to do it next time I go back in.

[@henrysand3900]

Very clear and helpful. Thank you very much.

[@Stockstotrade]

You are so welcome!

[@vctrgallardo]

Hi Tim, I'm fairly new to the world of options trading and have been getting into the more intermmediate strategies such as spreads. My question is: If my account balance is under $25,000 on a margin account and I open a bear call spread, will that spread be considered one trade or will it be considered two trades since the trade techinically consists of me opening two different positions? Please let me know. If anyone else is willing to answer my question it would be much appreciated. Thanks!

[@MrZombiePulse]

So I didn’t understand this rule and I did 4 and now I’m locked for the 90 days. Do I just wait or do I just switch brokers?

[@manwich_enjoyer]

What constitutes as a “day trade”? Buying and selling in one day ? Or also buying on Monday and selling on Friday too ?

[@nitebone]

Same day. If you wait a day, you are good.

[@kmarquez6362]

Buy and Sell same seme security the first day. Buy on monday and sell on Friday its swing trade. Doesn't apply

[@DatFabric]

If I place a buy order after the closing bell on Monday and sell after the markets opens on Tuesday, is that considered a day trade?

[@mfr1005]

Yeah so I was just following the movement of UPST and CCL in the last 2 days, it brought me close to that 25k, but not quite enough. I made 5k on the movements, but I got hit with PDT label. Horsecrap. How else would you make any money?

[@threetimehussler6722]

so what if i have two brokerage accounts on two different platforms, say one account on robinhood and another account on td ameritrade, will i have 6pdt combined or just 3pdt

[@RafaelMartinez-cv3uw]

good question was wondering about this.

[@threetimehussler6722]

@@RafaelMartinez-cv3uw been doing some research you can go arround pdt rule by having multiple brokerage accounts

[@ricardoalejandrosaldana633]

three time hussler yes I have both of those and is 5 on one and 5 on the other so it helps

[@DylanMorrow48]

Is a “day trade” considers a Buy AND sell?! Or is the buy and sell considered 2 trades ???

[@keyyt3492]

You can apparently buy as much as you can. You can sell as much as you can, but it can’t be the same stock you’re trying to buy and sell in the same day.

[@DylanMorrow48]

Kivon Campbell got it! Thank you!!

[@judahisrael688]

@@keyyt3492 why is that?

[@dhidhi1000]

@@keyyt3492 aaand you didn't answer the question

[@keyyt3492]

D Bersan Annnnd don’t know what to tell you.

[@abuyusuf8374]

If I buy 500 stocks today and sell those 500 stock tomorrow. Will that count as1 day trade or it does not count. Thanks

[@Stockstotrade]

study haaard!

[@TraiVinhLong]

Hi Sir. I am a newbie and I have a margin account with my $30,000 own money. I am practising buy/sell real stocks. Last Friday I did repeatedly buy then sell (with different market orders) the same stock 4 times in a day. Did I violate the pattern day trader (PDT) rule? A friend told me that “As long as I maintain minimum $25,000 cash every trading day, i.e cash => $25,000), I am ok”. Is this correct? - Thanks

[@mattbuszko]

man, I have the same question. Too bad he didn't answer

[@Rafael-rh6eo]

Hello there is Buying Stocks considering a Trade? Thank you

[@bbmak0]

This only applies to 25k below right? If you have above 25k, you can ignore them right?

[@nitebone]

Correct

[@juliansuarez6851]

Which brokers has these rules??

[@seanfatzinger]

To clarify, does the 25k in your trading account have to be liquid cash or can it be the account value. For example, in one of my accounts I have around 50k in it, but that is total invested. I only have about $30 of cash&cash alts. Can I day-trade all I want since I have well over 25k invested? Or does it have to be uninvested cash in the account?

[@mattbuszko]

man, I have the same question. Too bad he didn't answer

[@brandonphillips1242]

New to trading..but looking for confirmation..i have zero day trades left, but i also have a position i opened weeks ago. If i were to exit would it count as a day trade ??? Does zero dts mean no movement for the day

[@MsGorteck]

Vary good. If you only trade with cash and you don't use margin, can you run afoul the PDR?

[@ezzzzz8673]

What counts as a Day trade? Like when you buy a stock is that 1 trade? Or is it when you buy then sell the stock is that counted as 1 trade?

[@TanealBhandari]

Great video! Quick question, I thought that PDT doesn't apply if you have more than $25k in your trading account. Is that not true?

[@Stockstotrade]

You're correct.

[@demetriuspotts9454]

Does this only apply to one stock back to back or trades in general? If I trade Stock X 3 times am I still good to trade Stock Y 3 times?

[@OurOregonlife]

Sad seems Sc hwab has no round trip tracking of any kinda. Expect you to use a calendar and pencil. TD had round trip tracking.

[@ubongudofia1868]

Thank you for your video.I understand that a day trade is when you buy and sell the same day.Hope that defination is correct.What happens if I buy and sell 1 stock each day for 3 days?Will this be considered as 3 day trade ?

[@tara6779]

Does the PDT rule apply to traders based in Switzerland?

[@shockcityrocker]

What about the $25,000? My account was above that & I'd done a bunch of day trades. Now that it fell under due to o e of my positions being down, my account flagged & I can't day trade. If I simply add funds to bring it up over $25000 again, if it rises on it's own, am I good to day trade again as much as I want?

[@majida4103]

what about if acc has over 25K? does this rule apply to them? is there a need to talk to broker to un- check the box for day trading? Thank you

[@CatzzMoney]

Does this apply for margin account that exceeds over 25k in value?

[@755hp]

This that $25k of "Buy Power" in your Trading Account or is that $25k in total (whether invested in a stock or buy power)?

[@folms110]

My question too.

[@Brittany38122]

Good explanation! Thanks 😌

[@bcbindle]

If they could change it to five that would be great.

[@daddad9847]

So if I buy apple on Monday and sell on same Monday is that 2 trades or 1? If same Monday I also trade general electric. Is that considered my second. Trade. ? Hope I made sense. Thank you in advance.

[@maliktabish7462]

Good to know that but i have a question does it apply to all brokers and everyone with an account under 25k???

[@Stockstotrade]

Message us! [e-mail]

[@logstolumber2345]

Is a trade considered just a buy or sell?? If I buy then sell 10 minutes later is that one trade or two? Thank you

[@stannisthemannisbaratheon1039]

1 trade

[@zac8307]

Hey Tim, if you have a cash account, are you still subject to the PDT rule? I know that if you have a cash account instead of a margin account, you cannot short, but isnt it worth it if you have no PDT restrictions? Thanks for your help.

[@FastdounutTV]

You're not under PDT but you'll have to wait for your cash to settle. It usually takes about 2 days.

[@prettybrwneyez7757]

@@FastdounutTV Right! That’s a HUGE point he missed in this video.

[@briggshightower2609]

If you enter a trade and your account is $25,001, then you exit the trade and your balance is $24,999, I have two questions from there: (1) Since you exited the trade with a balance less than $25K, does this count as a day trade.... (2) Does your next trade with an account balance of $24,999 count as your first day trade in the 5-day period unless you pump more money into your account to meet the 25K requirement?

[@jrad5885]

Does PDT pertain to cash accounts?

[@al1g8r94]

Does this rule apply to custodial accounts?

[@derrickturner8732]

Hi great video. So just To clarify. Is it just Your account that Has to be worth over $25,000? So I bought some Tesla stock and if I reach $25,000 plus market value but have not sold. And then Use some extra money to be doing day trading can I trade every 5 minutes if I want or do I have to wait for those funds to settle ? Before I can trade the money again. I’m talking about cash. I don’t do margin trading.

[@timsamples4776]

Does each one count as a sale and a buy is one or is the buy counts as one and sale counts as one

[@FN-mq6tf]

This confuses a lot of people…this rule ONLY applies to margin accounts. If you’re using your own “settled” $$ then you trade as much as you want.

[@CristianGarcia-kc9zd]

Awesome video straight forward

[@scorchio100]

Im confused. So are you saying if I enter a buy position then close out (sell) this is counted as 2 trades out of my three?

[@qurantvwithhamza7991]

Hi. I have invested 25000 dollars. Am i going to be put to patran day treaders if I day tread unlimitedly? Thanks

[@darrinbowen525]

Hi Tim, thanks for another great video. I have a question, I live in the UK, I have an IBK UK account and am wanting to trade US stocks via STT. Does the PDT rule apply to me, being British and living in the UK, with an account less than 25k? Thanks in advance.

[@johnjones-zq2uf]

Does pdt apply to non margin account

[@juniorsavoy1010]

IF YOU USED CASH MONEY IT DOSEN;T APLY TOU YOU, ,,,,, ONLY WHEN USE A OPTION OR MARGIN,....

[@lyesergidiiethel3686]

Is it five days down to the minute or as soon as Monday starts I get it back?

[@roshintroy1993]

Day trade only affects by buying and selling same day right?i could sell them next day without any problems right

[@MelissaLuvsHens]

is a trade the full buy and sell? Or just a buy and just a sell? I guess it's simple to just assume you have two trades, one buy and one sell which feels like ONE to me.

[@TavinhoGodoy]

If I buy a stock Monday at noon, and sell that same stock Tuesday at 11 am, is it considered a day trade? Thank you.

[@MrUSMCEngineer]

Gustavo Godoy No, it is not. Day trade is when you buy and sell on the same day.

[@chamberlainstjean7940]

If I got flag as a pattern day trader on robin hood could i go to TD and day trade right after that next day?

[@enigma750]

Yes, each broker has its own count. They are seperate. That's why it's good to have more than one account.

[@drjoe1886]

Does the PDT rule apply if you are trading with just your own cash even though the account is under $25,000? Thanks

[@hamzehaladwan]

That's what I've been looking for. Can't find a certain answer.

[@hamzehaladwan]

Please let me know if you find the answer for this.

[@rohitthadakapalli9466]

Yes it does apply even with your own cash or with margin account. There's some mis-information saying it applies only for margin accounts but it's not true. Be careful when you do this!

[@hamzehaladwan]

@@rohitthadakapalli9466 I asked a broker and they said it only applies to margain.

[@hamzehaladwan]

@@rohitthadakapalli9466 did you try it yourself?

[@javierduenas9852]

If you don’t use you 3 trades in the rollover period the next rollover you will have 4 trades or it just start again with 3?

[@danadanko1684]

OMG 😮 I didn’t know anything about it . So glad ran into this video !!!!! Please can you explain if all traders have this rules if yes then how they trading 5-6 trades in one day ? Thanks

[@nitebone]

They have $25,000 or more. After this amount the rule does not apply.

[@samuelj2408]

So what if you have 25k then your day trading then your stock goes down so your sitting at 19k ( if everything was to be sold in that moment in time) DOES that make you go into the rule at that time then?? im so confused.

[@moonaj89]

If I make four trades in a 5-day period and end up getting restricted will I be able to close my other positions after a few days passed and it's no longer considered a day trade?

[@carleynorthcoast1915]

Does time of day matter? If I made three day trades on a tuesday between 1 and 2 pm do I have to wait until 2pm the following tuesday or can I trade tuesday morning at market open?

[@JacksonNotOff]

What about scaling in or out of a trade. If I sell half of my position at one point, then the other half later that same day, does that count as only one day trade?

[@bxdis41]

Tim, the rule does not apply to trading long, correct? Only for margin traders ? A bit confusing 😎

[@Stockstotrade]

It applies to everyone but mostly impacts day traders

[@MrBigspendn]

I think most brokers will let you sell but not buy if your flagged for 90 days.

[@Cat_main_apex]

In a cash account, can you make as many as you wish?

[@joetechreviews1198]

If you buy shares of a stock and then buy more of that same stock in the same day,. At the end of the same day, you sell it all, is that 1 or 2 day trades?

[@lordrudolph1037]

Etrade counts EVERY move. I just got put on a 90-day cash only for this a couple of days ago. I had 1 day trade left and I saw a great opportunity, but wanted to test it out. I went in small... it started to grow so I bought more, then bought some more. Once I was where I wanted to be I sold them all at once. One day trade, right? Nope. Etrade counted this as 4 day trades and !**boom**! - I'm put on restriction. Sent away, rejected, sigh. Haha, that's actually how it felt/feels. I read that a "day trade" is one round-trip. Two bookends. Meaning, buy all you want but as soon as you sell it you've made a round-trip, two bookends, ONE day trade. I was wrong. Etrade doesn't calculate it that way. I should have researched it better. This is a quote from their site, and I added their link to it below: "Making several opening transactions and then closing them with one transaction does not constitute one day trade. Remember, it has to do with the customer’s intent. In the following example, the customer clearly intends to execute multiple trades, so they are counted as multiple day trades. Each buy is a separately placed order and therefore, the STC is not considered one single trade but rather qualifies as three distinct closing trades." us.etrade.com/knowledge/library/stocks/day-trading-basics For me, I'm not taking it too hard... it's just a temporary hiccup, and I can still trade, and paper trade, and save more money. Plus, I have been working to be more disciplined anyway and now they're "helping" me in that. [Not sure if other brokers interpret/execute the rules the same way] Hope this helps!

[@joetechreviews1198]

Lord Rudolph I finally got in touch with Ameritrade and in my instance, It was one day trade, so long as I only sell once. If I had split the selling in some way shape or form, it would have been multiple. I was so nervous. I thought about a cash account but 2 days for your money to settle defeats the purpose.

[@juniorsavoy1010]

@@joetechreviews1198 IF YOU USED CASH MONEY IT DOSEN;T APLY TOU YOU, ,,,,, ONLY WHEN USE A OPTION OR MARGIN,....

[@Captainlonate]

Another Question: I'm seeing a ton of sites saying this PDT rule doesn't apply to cash accounts. That it only applies to Margin accounts. Since my "Chase You Invest" account is a "Cash" account, can I day trade as much as I want?

[@prettybrwneyez7757]

Right, as long as you’re trading with settled cash.

[@natedoglara]

Is it 3 buy 3 sell in 5 days? Or total of 3 either way mixed?

[@Stockstotrade]

3 day trades total. A day trade is when you purchase or short and then sell in the same day.

[@barimagas]

Great video, i didn't know that and i get stucked.

[@frankleahy4309]

Thanks! Great video I understand the laws better after watching!

[@HONGNGUYEN-uy8cy]

i hit the 3rd day trade limit so i wasn't sure if i am allow to buy anymore ? can someone help me out on this. my account show that i hit the 3rd day trade but won't be able to trade til July 17. I would think buying a stock would be okay since i am not selling it but i want to make sure before i buy a stock? is it safe to buy a stock after you got tagged as a 3rd day trade? will buying a stock get me to 4 day trade and lock my account?

[@mellobello5073]

If i were to take a position just before market close one day. Then sell the position during pre market the next day, is that considered a round trip?

[@gopensharma1201]

good to know that. Thanks

[@Stockstotrade]

You bet!

[@mintstreaks]

This is great! Thanks!

[@mauriciosolisjr8309]

Are you still able to buy without selling if you have ran out of trades?

[@hoodblack18]

Can you still swing trade under pdt rule? I got hit with it yesterday 🤦🏾‍♂️💩

[@dahustle2284]

does this apply to all brokers and everyone with an account under 25k?

[@jarrettwilkins8031]

I need help. If I buy a stock at 3 pm on a monday and sell at 12 pm on tuesday, is that a day trade because its within 24 hours? Or no because the market closed on monday before I sold on tuesday?

[@FelipeApolinario7]

If my account is classified as a PDT and I deposit the $ 25k into the account, can I operate from there as many times as I want per day? Or do I still have the limitation of 3 trades every 5 business days?

[@KB-ld7jw]

Thanks for the excellent description!

[@healthyhabitsdaily748]

Is that apply only for one stock with number of shares? Or all stocks?