Discover impulse wave patterns, crucial for Elliott Wave Theory. Learn their rules, definitions, and how they guide trading ...

Backdrop: The pattern day trading rule was implemented by FINRA in 2001 in response to the dot-com bubble. Active traders got ...

Violating the pattern day trading rule can be a costly mistake for active investors. For the uninitiated, it can result in trading restrictions or a locked account. And when that happens, any holdings ...

According to Financial Industry Regulatory Authority (FINRA), a pattern day trader (PDT) is someone who trades at least four times over the course of five business days and their day trading exceeds ...