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This video is old and all, but I’m watching all of Ricky’s videos from the start, as I just heard of day trading, and I am trying to understand the game. So I heard that there’s some kind of rule which states that a trader is only allowed to make 3 day trades a week. Does this rule count for all brokers/trading platforms? And does the trade count reset on mondays, once a new week starts, or does it reset once a week passed since your first day trade? If anyone sees this, and answers, thank you.
This video is old and all, but I’m watching all of Ricky’s videos from the start, as I just heard of day trading, and I am trying to understand the game. So I heard that there’s some kind of rule which states that a trader is only allowed to make 3 day trades a week. Does this rule count for all brokers/trading platforms? And does the trade count reset on mondays, once a new week starts, or does it reset once a week passed since your first day trade? If anyone sees this, and answers, thank you.