Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Whether you're a novice investor venturing into the day trading arena or a seasoned trader seeking to broaden your horizons, understanding the fundamentals of pattern day trading (PDT) is crucial. You ...
I've spent my 30-plus-year career discovering some of the most obscure and lucrative patterns in the world. Now, you might've heard the term before—or even tried trading patterns yourself. But almost ...
Candlestick charts are favored by crypto traders due to their visual appeal and simple to understand nature. Their history lies in the Japanese rice trading and the system has been updated and ...
If you’ve been a little extra active in your trading account lately, you might have gotten tagged as a day trader. And now you want to know how to remove pattern day trader status from your account… ...
A pattern day trader is a trader who makes four or more qualifying day trades in a five-day period. To qualify as a pattern day trader, the individual must meet two additional criteria. The person ...
Pattern day traders must maintain a $25,000 minimum balance to trade. Accounts are flagged for pattern trading with 4 same-day trades in 5 days. Exceeding day trade limits triggers a margin call, ...