Excpe the PDT is actually good, read http://tim.ly/sykespdt as someone who talks to more traders than anyone else in the world, especially more newbies, I know EXACTLY how useful this rule is...and I used to hate it too

what is the difference in a margin and non-margin account? any benefits?

@timothysykes I only hate when I see an ideal setup but I'm out of day trade. I think it is helpful too.