MarketWatch
US · 2 hrs ago
✦ 72◉ Centre
Only 5% of day traders make money, but the SEC is now making it easier for more people to try it anyway
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Quality 72/100
Partisan intensity 45/100
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◉ Centre ✓ Fair headline
The SEC is eliminating the pattern day-trading rule effective June 4, which previously required retail traders to maintain $25,000 in account equity. The article cautions that despite this regulatory change making day trading more accessible, data shows only 5% of day traders are profitable.
Only 5% of day traders make money, but the SEC is now making it easier for more people to try it anyway
The pattern day-trading rule is going away on June 4, but retail investors should understand the risks.
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