Pattern day trader
May 23, 2018 · 0:05 Tim Sykes, millionaire mentor and trader here explaining what is such a touchy topic, the Pattern Day Trader rule, otherwise known as the PDT rule. 0:15 If you have a … Day trading margin - Fidelity FINRA enacted Rule 4210, the Pattern Day Trader Rule, in 2001. Rule 4210 defines a pattern day trader as anyone who meets the following criteria: Any margin customer who executes four or more day trades in a 5-business-day period. The number of day trades must comprise more than 6% of total trading activity for that same five-day period.