No More PDT Restriction

Boys, the FINRA PDT rule is basically dead. That’s right. The ancient boomer “3 day trades and you’re banned unless you have $25k” garbage under Rule 4210 is getting replaced. No more: * “pattern day trader” scarlet letter * counting trades like your parole officer * getting locked because you bought NVDA calls 4 times in a week with your $713 account The SEC approved changes that replace the old PDT system with real-time margin requirements instead. Translation for the financially illiterate: If your broker lets you trade and you have enough margin, you can trade. The 2001 dot-com era training wheels are finally coming off. Of course this does NOT mean: * you suddenly know risk management * your 0DTE SPY puts are smart * you won’t blow up your account before lunch It just means the government can no longer stop you from discovering leverage at terminal velocity. TL;DR: Soon, you can day trade as much as you want. Godspeed, regards.