The $25,000 pattern day trader barrier is officially gone on June 4. If you trade a margin account under that threshold, this changes how you can operate in the market and there's nothing you need to do to your account to make it happen.
Mike breaks down the four things you need to know: how margin and cash accounts are affected differently, how the new intraday margin framework replaces the old PDT system, and what the 90-day freeze is and how to avoid triggering it.
One rule to live by after June 4: keep your options buying power above zero.
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Chapters
0:00 PDT Rule Gone June 4
0:36 Margin vs Cash Accounts
2:34 Tasty Trade Ready Day One
3:29 New Intraday Margin Framework
5:44 The 90-Day Freeze Explained
6:40 Recap
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