Ryan Rosansky Comment On Regulatory Notice 24-13
The $25,000 requirement for pattern day traders in order to consistently trade Intraday is more hazardous then a “protection” the $25,000 requirement to preform consistent intraday trades, prevents small “start up investors” or people wanting to learn to day trade from effectively trading, as the PDT can effectively stop someone from avoiding a reversal in price action due to plain fear of being marked a “PDT” and therefore being barred from buying stocks for up to 90 days, the effect of this rule is very obvious, the PDT rule prevents the “small fish” from being profitable to the point wh