This is great for disciplined traders. It's dangerous for gamblers. Bullish for retail participation. Bearish for anyone who thought the PDT rule was the reason they weren't making money.
The biggest winners will be traders with accounts between $2K and $20K who were already using cash accounts, futures, or offshore brokers to get around PDT. Now they can trade U.S. equities more freely.
The translation: more liquidity, more squeezes, more volatility, more blown-up accounts. That's the reality.
BTC.X $SPDR S&P 500 ETF Trust(SPY)$ $iShares Russell 2000 ETF(IWM)$ $Invesco QQQ(QQQ)$ $Broadcom(AVGO)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments