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General Trading

Q - What is a pattern day trader (PDT)? You will be considered a pattern day trader if you “day trade” 4 or more times within 5 business days and your day trading activities are greater than 6 percent...

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General Trading

I have a question about pattern day trading: Let’s say that on Monday I buy a certain asset, then on tuesday I make another buy of the same asset to increase the position size, then still tuesday I...

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General Trading

Yes, the scenario you described would count as a pattern day trade. Pattern day trading (PDT) is a designation used by the U.S. Securities and Exchange Commission (SEC) and Financial Industry...

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