Submitted by Present_School_8754 t3_11dskic in wallstreetbets
BeerPizzaGaming t1_jackx52 wrote
Reply to comment by viperex in Webull policy update regarding Pattern Day Trading. by Present_School_8754
Highly leveraged bets which destabilize the markets. You know, the stuff the really big firms do daily that when they are margin called, they get bailed out by tax payers via different methods. Most directly and glaring example would have been in 2008.
conlius t1_jado4mj wrote
Is that actually what they are trying to solve? Because PDT flag just forces you to keep more collateral in the account. In reality it seems they just don’t want people with small accounts day trading on margin.
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