
@timothysykes think im gonna need a new broker. TD didn't have these stocks to short. Missed the opportunity. This would have helped since i'm a slave to DPT. Sucks!

@timothysykes think im gonna need a new broker. TD didn't have these stocks to short. Missed the opportunity. This would have helped since i'm a slave to DPT. Sucks!
Does it have hard to borrow stocks for shorts?
@simonjr25 What does DPT mean?
sorry it's PDT (pattern day trader)
@ngucapital if you have an account under 25k, the rules does not allow you to buy and sell the same security in the same day. overnight is ok. to day trade and take advantage of some of the positions we need to make split decisions and get in and out of trades without loosing capital. Once you cross 25k the PDT is no longer a concern
Join now or log in to leave a comment