I'll try and make this simple. The new rule is if you violate the current PDT restrictions, you cannot BUY another security in that account for 90 days.
Uhmmmm...that is already used by several firms ...Including IB...I think Schwab mught just be bringing their house rules up to snuff with the rest of the industry.
I'll try and make this simple. The new rule is if you violate the current PDT restrictions, you cannot BUY another security in that account for 90 days.
Uhmmmm...that is already used by several firms ...Including IB...I think Schwab mught just be bringing their house rules up to snuff with the rest of the industry.
