Submitted by sneakysammy89 t3_11a680h in wallstreetbets
BBags15 t1_j9q3fv8 wrote
If you’re starting with $1000 you’ll be subject to PDT for the next $24,000 unless you’re holding positions overnight. My moneys on the under.
sneakysammy89 OP t1_j9q3wpx wrote
You don’t have to worry about PDT if you have a cash account, or over 25k, but I’ll be using the cash account I guess
BBags15 t1_j9q6znt wrote
Sure, but you’re still limited to whatever cash settlement status you’re stuck with. Which is effectively a form of PDT.
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