sendnachocheeze
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Today was very relaxing, little baby's.
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sendnachocheeze
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TUFF ONE TODAY TG IT TURNED AROUND
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Let's make all the money in the world.
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sendnachocheeze
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Hi, moomooers, we notice that many of you have problems regarding PDT (Pattern Day Trader). PDT is a basic rule but important. Today, we will go through it with an explanation and solution.
What is PDT?
Firstly, we should be clear that PDT is a term defined by FINRA (Financial Industry Regulatory Authority). It refers to any trader who executes 4 or more “day trades” within 5 business days using the same account. Under FINRA rules, traders, who are marked as PDT, must have at least $25,000 in their accounts and can only trade in margin accounts.
What is day trade?
A day trade is defined as buying then selling or selling short then buying the same security on the same day. Simply purchasing and holding a security would not be regarded as a day trade. If you sell short and then buy to cover on the same day, it will be considered a day trade. The day-trading margin rule applies to day trading in any security, including options. Futu does not promote day-trading.
How to kn...
What is PDT?
Firstly, we should be clear that PDT is a term defined by FINRA (Financial Industry Regulatory Authority). It refers to any trader who executes 4 or more “day trades” within 5 business days using the same account. Under FINRA rules, traders, who are marked as PDT, must have at least $25,000 in their accounts and can only trade in margin accounts.
What is day trade?
A day trade is defined as buying then selling or selling short then buying the same security on the same day. Simply purchasing and holding a security would not be regarded as a day trade. If you sell short and then buy to cover on the same day, it will be considered a day trade. The day-trading margin rule applies to day trading in any security, including options. Futu does not promote day-trading.
How to kn...
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sendnachocheeze
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yay my first come up lol
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sendnachocheeze OP Jesus is lord : Yeah ONLY 15K OF MY SHARES WANTS THROUGH
sendnachocheeze OP : Let's put a shower in the shower box or nah?