๐ BOTTOM LINE:
$25,000 kept regular people out for 24 years.
It's gone.
Doesn't make trading easy. Means the gatekeeping excuse is dead.
Research. Start small. Discipline.
The floor just opened.
#PDTRule #DayTrading #SEC #RetailInvesting #WallStreet
๐ WHO IT ACTUALLY HURT:
โข Workers who couldn't park $25K idle
โข Young traders starting with $500
โข Anyone managing risk via same-day exits
โข Small investors forced to hold overnight losses
It didn't protect retail.
It protected the incumbents.
#PDTRule #RetailInvesting #WallStreet
A $25,000 wall crumbling as everyday people walk through โ symbolizing the SEC eliminating the Pattern Day Trader rule
๐จ THE $25,000 WALL IS GONE.
For 24 years the SEC barred regular people from day trading unless they kept $25K in a brokerage.
April 14 โ day before Tax Day โ they killed it.
Biggest retail trading change in a generation. ๐งต
#DayTrading #PDTRule #SEC #RetailInvesting
jumping into day trading imo. #FINRA #SEC #INVESTING #PDT #PDTRULE