#1 You only have 3 trades for a whole week while the industry and their computer programs have unlimited trades. That's a really big advantage.
#2 Let's say you buy a stock. Goes up 10% but you don't want to sell it and take the profit cause if you do you get restricted.
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Let's go over the advantages the crooked industry has over new traders without $25,000+ in their margin account.
I say $25,000 + because if your account balance counting the value of the stocks you own drops a penny below $25,000. and you keep trading you break the PDT rule. twitter.com/MasterBJones/s…
