Yeetus-tha-thurd

Yeetus-tha-thurd t1_jab52rp wrote on February 28, 2023 at 3:50 AM

Reply to comment by mghollan in Webull policy update regarding Pattern Day Trading. by Present_School_8754

Is this only on certain platforms? I have TD ameritrade and a cash account and dont think they allow this.

Yeetus-tha-thurd t1_jab219s wrote on February 28, 2023 at 3:25 AM

Reply to comment by No_Cardiologist8650 in Webull policy update regarding Pattern Day Trading. by Present_School_8754

Can you clarify this please. My understanding is 4 trades in a 5 business day period. If its the same stock you must wait two days. Otherwise there is a $25,000 minimum balance, (so more like $30,000), for no PDT flags. How can you "still day trade as much as needed"?