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Jesse Felder
@jessefelder.com

‘Trading volumes at Robinhood and Webull surged since June when regulators eliminated a longstanding rule that limited investors with less than $25K in margin accounts from making more than four day trades in five business days. The change has supercharged trading.’ www.bloomberg.com/news/article...

bloomberg.comThe Obscure Rule Helping to Supercharge Retail TradingRetail trading in investments like stocks and options is hitting record levels — a frenzy unleashed in large part by a recent rule change that made day trading far easier for small investors.

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Jesse Felder
@jessefelder.com

‘Adopted in 2001 in the wake of the dot-com bubble, the rule came to be seen as a way to discourage small investors from “day trading.” Such speculative trades had led to big losses for many small investors when the internet bubble finally popped.’ www.bloomberg.com/news/article...

bloomberg.comThe Obscure Rule Helping to Supercharge Retail TradingRetail trading in investments like stocks and options is hitting record levels — a frenzy unleashed in large part by a recent rule change that made day trading far easier for small investors.