Hello guys, Welcome to Africa's Largest Video Search Engine, and you are watching How to Get Around the PDT Rule Day Trading Small Account (Pattern Day Trader Rule Explained). and this video is uploaded by Humbled Trader at 2020-04-22T15:30:02-07:00. We are just promoting this video only for entertainment and educational purpose only. I hop you like our Video Search Engine. [feu-hbZ5yOI]
| Name | How to Get Around the PDT Rule Day Trading Small Account (Pattern Day Trader Rule Explained) |
| Video Uploader | Video From Humbled Trader |
| Upload Date | This Video Uploaded At 22-04-2020 22:30:02 |
| Video Discription | Get my FREE Trading Journal +Weekly Watchlist: https://www.humbledtrader.com/free 🔽Time stamps: 1:19 What is Pattern Day Trader Rule (PDT rule) 2:50 Open cash accounts to trade instead of margin accounts 6:30 Open multiple margin accounts to day trade 7:54 Open offshore trading account to avoid PDT rule 9:40 Buy and swing stock overnight Trade with me: https://bit.ly/3riKN0H PDT Rule - Pattern Day Trader Rule: Day Traders with an account under $25,000 can only day trade 3 times within a consecutive 5 day period, if they're trading a margin account in a US based brokerage. Four Options to get around the Pattern Day Trader Rule 1. Open a cash account to day trade Since PDT rule only applies to margin trading accounts, you can open cash accounts to trade with no day trade limitations. The downside is that you cannot short sell stocks in a cash account. And the cash will take 2 days to settle. 2. Open multiple margin accounts to day trade If you divide your capital into multiple margin accounts, you can have more day trades. 3. Open an offshore trading account This option isn't recommended but offshore brokers like Trade Zero International and CMEG do not have the PDT rule limiations for day traders with a small account 4. Buy and swing trades overnight When to Buy Stocks Overnight? How to Grow a Small Trading Account Under PDT https://youtu.be/L3Ux7m21Upc -------------- 🔎 How I find the best stocks to trade: Stox.io - https://stox.io/?utm_source=ht_yt_main ✅ Affordable (compared to other premium scanners priced at $150/mo) ✅ Built-in Humbled Trader Strategy Custom Scanners ✅ Simple Web-Based App- no downloads needed just open on any browser ✅ Accurate and fast stock data such as Float, Insider %, IO & more ------------- My Trading Broker Platforms: 📈Interactive Brokers - https://bit.ly/3bE82u4 📉Centerpoint Securities ($20-30K min) - https://bit.ly/3LKdlID 📉TradeZero - https://bit.ly/htyt-tz 🐂 Get FREE stocks with moomoo: https://j.moomoo.com/00zrJw -------------- 📈 Follow my Investment Portfolio on Blossom- https://bit.ly/3DyHuaF ✅My REAL Social Accounts: IG: https://www.instagram.com/humbledtrader/ TikTok: https://www.tiktok.com/@humbledtrader Twitter: https://twitter.com/HumbledTrader18 FB: https://www.facebook.com/HumbledTrader -------------- DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. I am sharing my opinion with no guarantee of investment gains or losses. AFFILIATE DISCLOSURE: I only recommend products and services I genuinely believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing this channel. Humbled Trader FAM count: 194,200 [feu-hbZ5yOI] |
| Category | Education |
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