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The PDT Rule Abolished - Likely
The Pattern Day Trader Rule essentially prevents people from day trading stocks unless they have a $25,000 balance. This rule was enacted in 2001 and was intended to protect traders. In my view, it has hurt those it has tried to help. This video explains why, and also what an opportunity it may open up for the average person.
Set up a free coaching session with Paul:
https://calendly.com/dts-paul/coaching-session-w-paul
The DTS Free Stuff Page:
https://disciplinedtradingstrategies.com/free-stuff
To learn more, visit:
http://disciplinedtradingstrategies.com
Listen to more episodes on Mission Matters:
https://missionmatters.com/author/paul-lange
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By Paul Lange
5
55 ratings
The Pattern Day Trader Rule essentially prevents people from day trading stocks unless they have a $25,000 balance. This rule was enacted in 2001 and was intended to protect traders. In my view, it has hurt those it has tried to help. This video explains why, and also what an opportunity it may open up for the average person.
Set up a free coaching session with Paul:
https://calendly.com/dts-paul/coaching-session-w-paul
The DTS Free Stuff Page:
https://disciplinedtradingstrategies.com/free-stuff
To learn more, visit:
http://disciplinedtradingstrategies.com
Listen to more episodes on Mission Matters:
https://missionmatters.com/author/paul-lange
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