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I already let some friends know some ways to avoid getting caught in the PDT rule trap by opening up different accounts at different brokerages or by trading in a CASH account. But let's go over some other questions you might have.

3:23 PM · Dec 5, 2020Twitter Web App

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What’s the major differences in trading Chinese stocks vs US stocks? And do you think that new bill to delist Chinese stocks will affect anything?

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Your 11/24 PDT response: You can open up different accounts at different brokerages and every one gets you 3 day trades in 5 days as long as you have $2.000 balance and a margin account. A cash account means you can't trade on margin.

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You can only day trade long what you have in your account and that money will clear and be available to trade again every 2 days. Lets say you have $10,000 in your cash account and you make $1,000 day trades.