
Quote from Bob111:
looks like it is too hard to understand for some folks here....we need fresh meat..the more,the better...we need compulsive players,gamblers,housewives..you know..retail..$1-5K minimum for stock trading on margin should be more than enough..
Quote from Random.Capital:
I have no problem with the rule.
Let it stay.
If anything, tighten it up - no margin at all for any account under 100k.
Quote from WinstonTJ:
They should raise PDT to $100k and Portfolio Margin to $1M.
What percentage of traders make it vs. don't make it.
Should be cash to $25k or even $50k and then 2:1 up to $100k and then 4:1 to $1M when you can have your 6.6 or 6.7:1 with PM.
Getting rid of the PDT rule will only increase the failure rate of traders.
Quote from WinstonTJ:
They should raise PDT to $100k and Portfolio Margin to $1M.
What percentage of traders make it vs. don't make it.
Should be cash to $25k or even $50k and then 2:1 up to $100k and then 4:1 to $1M when you can have your 6.6 or 6.7:1 with PM.
Getting rid of the PDT rule will only increase the failure rate of traders.