The industry knows that there are lots of new traders jumping into small stocks so they shake them out by taking profits then dropping the stock down 10% knowing that the PTD rule will stop newbies from doing the same.Then they bring it right back up again.
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#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. twitter.com/MasterBJones/s…
