Good Riddance, Pattern Day Trade Rule

Good Riddance, Pattern Day Trade Rule  Submitted by QTR's Fringe Finance The Pattern Day Trader rule was one of those regulations that managed to sound official, responsible, and protective while being, in practice, deeply confusing and almost comically out of touch with how people actually learn to trade. And now, it looks like it’s finally on its way out the exit. Crypto News wrote today: The U.S. Securities and Exchange Commission on Tuesday approved FINRA’s proposed rule cha...

By Tyler Durden