Darth1Trader

@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!

Darth1Trader
Darth1Trader Feb 26, 15 5:39 PM

Does it have hard to borrow stocks for shorts?

WizeFool
WizeFool Feb 26, 15 7:39 PM

@simonjr25 What does DPT mean?

Darth1Trader
Darth1Trader Feb 26, 15 8:15 PM

sorry it's PDT (pattern day trader)

Darth1Trader
Darth1Trader Feb 26, 15 8:17 PM

@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

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