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📰 Robinhood, $HOOD updating its PDT rule effective Sept 5, 2023. “If you place 4 or more day trades within 5 trading days, and those day trades are more than 6% of your total trades during the same 5 day period while in a margin account, you may be flagged as a pattern day… https://t.co/m5yMoN9w9E

July 21, 2023
Frank

Robinhood, $HOOD updating its PDT rule effective Sept 5, 2023.

“If you place 4 or more day trades within 5 trading days, and those day trades are more than 6% of your total trades during the same 5 day period while in a margin account, you may be flagged as a pattern day… https://t.co/m5yMoN9w9E