The PDT Rule Explained: What Every New Day Trader Needs to Know
The Pattern Day Trader rule catches thousands of new traders off guard. Here is what it is, how it works, and strategies for trading around it.
The Pattern Day Trader rule catches thousands of new traders off guard. Here is what it is, how it works, and strategies for trading around it.
Learn the risk management principles that separate successful traders from those who blow up accounts. Emmanuel Malyarovich breaks down position sizing, stop losses, and risk-to-reward ratios you need to know.
A 1:3 risk-reward ratio means you stand to make $3 for every $1 you risk. Understanding this concept changes how you evaluate trades and why win rate isn't everything.
Fixed-dollar stop losses ignore volatility. The Average True Range (ATR) gives you a data-driven way to set stops that respect how a stock actually moves.