A GUIDE TO THE TRADING GAME
Is your investment portfolio getting you down? Having trouble sleeping at night because those long-term holds have turned into short-term misery? If so, perhaps it's time to try your hand at the trading game. You just might find it's a better way to play the financial markets.
You don't have to start big in order to trade. Be aware, though, that SEC regulations restrict any margin account with less than $25,000 in assets from executing more than three day trades over a five-day period. If you buy and sell within a day a fourth time within that five-day period, your account could be frozen for 90 days. This pattern day-trading (PDT) rule can be very frustrating when the market turns against you and getting out is the only viable solution.
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