JimmyTurner
06-04 09:49

This is great for disciplined traders. It's dangerous for gamblers. Bullish for retail participation. Bearish for anyone who thought the PDT rule was the reason they weren't making money.

The biggest winners will be traders with accounts between $2K and $20K who were already using cash accounts, futures, or offshore brokers to get around PDT. Now they can trade U.S. equities more freely.

The translation: more liquidity, more squeezes, more volatility, more blown-up accounts. That's the reality.

BTC.X $SPDR S&P 500 ETF Trust(SPY)$  $iShares Russell 2000 ETF(IWM)$  $Invesco QQQ(QQQ)$  $Broadcom(AVGO)$ 

Bitcoin New Low, Strategy Sells: Hedge or Buy the Dip?
Bitcoin fell over 5% today, breaking below $62,000 to its lowest level since February and extending its one-week decline to roughly 16%. The selloff was triggered by Michael Saylor's Strategy offloading a significant Bitcoin position, breaking its 'never sell' pledge and severely denting market confidence. Notably, some macro, quant, and cross-asset funds are running pair trades, long AI/semiconductors as the 'strong leg' and short BTC as the 'weak leg.' As AI chips begin to pull back, will you hedge your Bitcoin exposure or buy the dip against the trend?
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