The pattern day trader rule is a thorn in the side of every trader with less than a $25,000 account. We discuss how you can get around the pattern day trader (PDT) rule and how to manage your risk. We also compare brokerages Robinhood, tastyworks and TD...
The PDT rule limits traders with an account balance below $25,000 to 3 day trades per every 5 business days. In our opinion it puts a lot of constraints on traders with small accounts to make certain trades and inevitably costs them money. The trader would be better...
