An early 2000s rule intended to protect small investors from the risks of day trading is no longer. The Pattern Day Trader (PDT) rule was established in 2001 by the Financial Industry Regulatory ...
For the past 25 years, day traders of stocks and options in the U.S. needed to have $25,000 sitting in their accounts. If they didn't, they could only execute three day trades over a five-day period, ...
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