Reported 3 days ago
Affluent investors are anticipating a SEC rule change that could eliminate the $25,000 minimum equity requirement for day trading, facilitating participation for smaller accounts through a new intraday margin rule. While this change may offer increased flexibility and reduce barriers for new traders, experts warn that day trading remains highly risky and can lead to emotional decision-making. Investors are advised to tread carefully and consider strategies like buy-and-hold and dollar-cost averaging to mitigate risks.
Source: YAHOO