
@timothysykes you're serious about this bitcoin video? so far it has been a joke.
Justin1 Nov 13, 17 8:28 PM
Trades take 2 days to settle (T2). Even with immediate access in a margin account you would be limited under the Pattern Day Trader rule (PDT) until you can maintain the required minimum. Less trading is a good thing anyway while you study and only trade the best setups. Good luck!
Adam3561 Nov 13, 17 8:50 PM
Wait so even when I get the 2000 saved up for margin it will still restrict me until I can maintain that balance?
Justin1 Nov 13, 17 8:55 PM
You need 2000 to sell short and 25k+ to make more then 3 day trades in a rolling 5 day period. This article explains PDT: https://www.investopedia.com/terms/p/patterndaytrader.asp
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@Adam3561 just became a fully transparent trader today!
same, out of day trades here and missed every run today
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