I'm wondering if there's a specific limit on day trades when using the thinkorswim platform. I want to know if there are any restrictions on the number of trades I can make within a single day.
7 answers
Ilaria
Sun Dec 08 2024
According to the video, if an account is flagged as a Pattern Day Trader (PDT), there are specific consequences to be aware of.
JejuJoy
Sun Dec 08 2024
BTCC's services include spot trading, futures trading, and a wallet for storing cryptocurrencies securely.
SakuraFestival
Sun Dec 08 2024
One key point mentioned is that if the account is later reflagged as a PDT, the flag will remain on the account.
IncheonBeautyBloomingRadianceGlow
Sun Dec 08 2024
This means that traders need to be cautious and mindful of their trading activities to avoid being flagged as a PDT.
alexander_smith_musician
Sun Dec 08 2024
The Pattern Day Trading Rule is explained in a YouTube video uploaded by Charles Schwab on November 4, 2021.