Why Thursday changes day trading forever

Hi Traders,

There is great news in the options industry.

Actual life-changing news.

The doors are opening for everyone to day trade.

For years, if you didn't have an account worth $25,000 or more, you were locked out. You couldn't open and close a trade on the same day. You couldn't buy an option at 10 a.m. and sell it an hour later to collect your profits.

That is called day trading. And it was off-limits to most retail traders.

That rule (called the Pattern Day Trader rule) is going away on June 4. We can all enter and exit a trade on the same day.

That is huge.

With as little as $2,000 in your margin account, you can buy an option and sell it the moment you hit your profit target. Whether that is two hours, 45 minutes, or even five minutes later.

The opportunities are endless.

You can trade in and out all day. This applies to indices, ETFs, and individual stocks.

Your profitability has just skyrocketed.

Join Mark, Hannah, and me on Thursday at 8 p.m. ET for a discussion on this exciting change in our industry.

Trade Accordingly,

Licia Leslie

 

Licia Leslie

Licia Leslie

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About the Author

Licia Leslie

Licia Leslie

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.

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