Pattern Trader


What Is The Pattern Day Trade Rule? (PDT) For Stock Traders


zuBGWR8y1gQ
What is the Pattern Day Trade Rule? (PDT) for Stock Traders

★ SUMMARY ★
What is the Pattern Day Trade Rule?
Pattern Day Trade rule also known as PDT is in place to protect the beginner traders. It is important to know this rule if you have less than ,000 in your bank account or trading account and you are an active trader.

The rule states if you are an active trader, meaning if you make 4 or more trades in a 5 day period, then you will be stuck in your fourth trade place. Therefore you won’t be able to make any more trades until your early trades are cleared. For example, if you made two trades on Monday, one on Tuesday, and one on Wednesday, you won’t be able to make a trade on Thursday; therefore, if the market is crashing, you will be stuck in that place.

Posted at:

★ SHARE THIS VIDEO ★

★ SUBSCRIBE TO MY YOUTUBE: ★

★ ABOUT TRADERSFLY ★
TradersFly is a place where I enjoy sharing my knowledge and experience about the stock market, trading, and investing.

Stock trading can be a brutal industry especially if you are new. Watch my free educational training videos to avoid making large mistakes and to just continue to get better.

Stock trading and investing is a long journey – it doesn’t happen overnight. If you are interested to share some insight or contribute to the community we’d love to have you subscribe and join us!

FREE 15 DAY TRIAL TO THE CRITICAL CHARTS

GET THE NEWSLETTER

STOCK TRADING COURSES:

STOCK TRADING BOOKS:

WEBSITES:





SOCIAL MEDIA:

MY YOUTUBE CHANNELS:
— TradersFly:
— BackstageIncome:
v

14 gedachtes op “Pattern Trader”

  1. So the Pattern Day Trade rule is set up to protect the market from us poor folks who are trying to better our lot in life. It’s not set up to protect beginners, it’s set up to hurt beginners.

  2. 2671996619fedcba

    Oh yeah the Gov’t always protecting the “little guy” , basically this rule is to keep the “little guy” out of the game. BS

  3. Brian Belisle

    This is exactly why EVERYBODY should check multiple sources. I started trading recently and was Under the impression I needed a margin account to short sell stocks. I did not know that would put me under the PDT rule. I did some quick buy and sells which actually worked out in my favor and then the next day received an email from my account saying it was frozen and how I could alleviat it by either having $25000 in my account or some other jibberish that I could not understand. I could tell my broker did not want me to go back to a cash account, they must profit more when you have a margin, but I demanded that they put me back to it so I could continue day trading without restriction from the PDT rule. It is confirmed that it is a 3 day wait for funds to settle on a cash account. Pretty sad this video did not clarify that as at the beginning he sounded like he wanted clarify but only made it more confusing.

  4. Every trade you make either partially or wholly beyond your cash account, applies as a trade in the PDT rule? In other words, you can buy and sell all day long as long as you use your own cash.

  5. and if you just deposit 25k? also I have margin account, so likely will get coded PDT at some point. this all meets requirements, yes?

  6. Some see it as a way to keep you down. I see it as a filter. A push in the direction of seeing the best set-up and exicuting outside of emotion.

  7. How does someone make a video on Pattern Day Trading without knowing what a daytrade is?

Reacties zijn uitgeschakeld.