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Options Trading: Day Trade with Less Than 25K


 

In this video, we break down the questions regarding the Pattern Day Trader (PDT) Rule, how to avoid the PDT Rule, and managing cash accounts. The Pattern Day Trader Rule (PDT) restricts traders with less than $25k in margin in their brokerage account from trading a specific number of days in a row. This can be an easy fix and that’s what I’m going to address in today’s Mid-Week update.

 

Options Trading: Market Cooling Off Into NFP


 

An important note heading into the rest of this week is the Nonfarm Payroll report (NFP) on Friday morning, so be aware of how the market reacts going into and after the news. The bullish market has continued to grind higher and we are trading at +2 average true ranges (ATR), signaling the market is extended. Let’s see what this means for the next few days and which sectors and key setups we want to watch to take advantage of the big moves coming up.