ilmscore | Pattern Day Trader Rule EXPLAINED (And How to Get Around it)

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Unrated: 0
Prediction
Topic
Status
Offshore brokers (like TradeZero, CMEG) will likely not allow leverage on stocks priced under $3, despite generally offering high leverage (4x-6x).
"even those offshore Brokers like trade zero and CME they're still going to restrict you so if you fund an account with one of those Brokers even though you could get four times leverage or in the case of trade zero or cmeg you can get six times leverage they're not going to allow leverage most likely on stocks under $3"
Trading Leverage Restrictions
Pending
Offshore brokers will immediately remove leverage options for high-risk stocks, such as a $5 stock that has already risen 50-100% in a single day.
"you see a stock that's $5 a share but because the stock is already squeezed up let's say 50% or 100% on the day the broker is going to flag that as being a high-risk stock and they're going to immediately take away your use of Leverage on it"
Trading Leverage Restrictions
Pending
Traders who rely heavily on leverage for account growth will likely struggle and face disappointment because leverage will be restricted on the types of high-volatility stocks they wish to trade.
"if you're really banking on using leverage I'll I'm just going to tell you right now full disclosure you're probably going to struggle it's going to be hard if you are banking on using leverage to grow in your account... and the types of stocks that we really want to trade most likely Leverage is going to get restricted from you anyways and then you're not going to be able to take the trades the way you want to so it it's it's going to backfire on you and you're going to be disappointed"
Trader Performance with Leverage
Pending