Lightspeed customers can learn about the pattern day trader rule and how it impacts active traders.
Let’s be clear, this webinar is not about how to trade against the PDT rule, it is about how to cater your trading style to conform to the rules. The pattern day trader rule came into effect in 2001, and it states that if you’re going to day trade more than three times in a five business day rolling period, that you need to maintain a minimum balance, in your trading account, of at least $25,000 dollars.
During this webinar, we discussed:
- The basic PDT rules and facts.
- What the rule means for beginner traders.
- Options for traders who do not meet the minimum funding requirement of $25,000.
- And much more!
Lightspeed Financial Services Group LLC is not affiliated with these third-party market commentators/educators or service providers. Data, information, and material (“content”) are provided for informational and educational purposes only. This content neither is, nor should be construed as an offer, solicitation, or recommendation to buy or sell any securities or contracts. Any investment decisions made by the user through the use of such content is solely based on the users independent analysis taking into consideration your financial circumstances, investment objectives, and risk tolerance. Lightspeed Financial Services Group LLC does not endorse, offer nor recommend any of the services or commentary provided by any of the market commentators/educators or service providers and any information used to execute any trading strategies are solely based on the independent analysis of the user.