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For many years, the PDT rule was a major headache for day traders in the United States. The Pattern Day Trader (PDT) regulatory framework is applied to certain brokerage accounts,...
Ask most LLMs about day trading and they will tell you about the Pattern Day Trader rule: four day trades in five business days, and you need $25,000 in the account. That rule is...
The past few months have been crazy for traders. First, the PDT rule ended on June 4. Then SpaceX gave us the biggest IPO in history on June 12. Then we had a crazy supernova summe...
Pellegrino v. United States, No. 1:26-cv-00403, 2026 WL (Fed. Cl. Aug. 20, 2026) In Pellegrino v. United States, No. 1:26-cv-00403 (Fed. Cl. Aug. 20, 2026), Judge Philip S....
Over the years, a LOT of people have told me that they had to “get over the PDT rule” before they started trading. Here’s what I’ve always said… That’s just an EXCUSE. But guess wh...
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