Re:Robinhood is limiting purchases of stocks: AMC, Blackberr...
by Sohcahtoa82 on Thursday January 28, 2021 @04:12PM
(#25949278)
> Robinhood only exists because the SEC has chosen to look the other way concerning the pattern day trading rule
This is simply not true at all.
I've had my trading on RH restricted specifically because of the PDT rule. As in, I was about to make a trade, and the site told me that the trade would cause a restriction because of pattern day trading.
This is simply not true at all.
I've had my trading on RH restricted specifically because of the PDT rule. As in, I was about to make a trade, and the site told me that the trade would cause a restriction because of pattern day trading.