New traders can split their capital across multiple brokerage accounts. For example, you could have $2,000 at Ameritrade, $2,000 at ETRADE and $2,000 at Schwab. Each account would grant you an additional three round trip trades, as they would be independently subjected to the PDT rule. ...
000), they can be designated a pattern day trader. So it’s easy to see how the 6% rule can quickly come into play. It’s also worth mentioning that these are the bare minimum requirements. Each brokerage can