@FINRA The pattern day trader rules are extremely outdated and NEED to be updated.
With small commissions now and competing crypto markets, this unnecessary constraint only makes the rich richer and allows them to unfairly oppress the small guys.
https://t.co/vAbBsTMNmN
My current positions. Key takeways:
- long the overall market (spy, qqq)
- short the donkey stonks (deeply negative profit margins with no hope of climbing out)
- avoid market cycle fluctuations by having a portfolio spy-weighted Beta value close to zero
NOT FINANCIAL ADVICE!!
@SelfMadeMastery I like to say there are only 4 rules of driving that really matter:
- stay between the lines of your lane
- stop at red lights and stop signs (and obey other signs)
- use your blinkers when turning / switching lanes
- don't crash into anything
@SelfMadeMastery I am fortunate enough to have had many great and enjoyable driving lessons, experiences, and travels throughout my life. Now I have a very powerful and fun to drive car, and it's one part of the reason why I love living life right now. โฅ๏ธ