Got marked Pattern Day Trader- Now What?
Pretty stupid question I know, but I've been trading (on Robinhood, if it matters) and recently got marked PDT (I made 4 day trades within the last 5 days). The consequences on the surface are just a 90 day trading ban.
But does this matter at all if I'm applying to IB internships or in the future? For example, I've heard this can show up on FINRA's records which might impact me when taking the license exams in the future
Doesn't matter at all.
No. But seriously, get a real brokerage account.
Thanks and yeah you're right.
Prob gotta meet a margin call of $25,000
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