🇺🇸 SEC officially approved the cancellation of the Pattern Day Trader (PDT) rule– document

Previously, active intraday stock trading required maintaining a minimum of $25,000 in the account. Now this requirement is being removed.

Instead, a new system is introduced: risk will be assessed in real time, not by the number of trades.

The rule has already been approved, but implementation will take time – first, a FINRA notice will be issued, then brokers will have up to 18 months to transition. This is one of the biggest changes in retail trading rules in the last 20 years.

The changes concern the stock market and do not directly affect the crypto market – but some traders may switch from crypto to stocks (❗️), as the entry barrier will become lower.

🕯The image explains a swing trading strategy using the 10, 20, and 200 Simple Moving Averages (SMA).This strategy utilizes three different SMAs to determine entry points and identify trends in the Forex market.

1️⃣. 10 SMA crosses above 20 SMA:
This crossover signals a potential buying opportunity, indicating a shift toward a bullish market.

2️⃣. 10 and 20 SMA above 200 SMA:
This condition confirms an uptrend, suggesting that the overall market sentiment is positive.

3️⃣. 200 SMA:
Represents the strength of the trend. The further the price is from the 200 SMA, the stronger the trend is considered to be.

4️⃣ Entry Point:
Indicated on the chart where a trader might enter a position.

5️⃣Stoploss:
A point marked on the chart suggesting where to place a stop-loss order to limit potential losses.

6️⃣ Bullish Crossover:
The area marked indicating the point where the 10 SMA crosses above the 20 SMA.