
Sovereign💎
5.7K posts

Sovereign💎
@SovereignTrades
Recovering Day Trader & Degenerate Pokemon Investor | Builder @chapventures 📺







A petition for the California billionaire tax, which would implement a one-time 5% tax on the state's 200 billionaires to fund healthcare programs, has received 1.5 million signatures — which could help it qualify for the November ballot. Gavin Newsom shared that he was fighting against this amendment in a previous interview with The New York Times.



Yesterday started like any other day. I had no idea i would open an Ascended Heroes God pack………. As a farmer that is also a pokemon collector, I always try to have my hands clean when ripping. Decided to rip a booster bundle after a hard days work and this is what I got!





BREAKING: The SEC just officially eliminated the $25,000 minimum rule for day trading. This is the biggest change to retail trading in 24 years. Since 2001, if you wanted to make more than 3 day trades in a 5 day period, you needed at least $25,000 sitting in your account at all times. If you dropped below that, your broker would lock you out of day trading completely. This rule blocked millions of retail traders from actively participating in markets simply because they did not have enough capital. That rule is now gone. The SEC today approved FINRA's proposed change which replaces the fixed $25,000 requirement with a real time margin system. Instead of a fixed dollar threshold, brokers will now monitor your actual risk exposure throughout the day and adjust your buying power based on the real risk of your positions, not an arbitrary account balance. Now you no longer need $25,000 to day trade. You just need enough margin to cover the actual risk of your open positions.


BREAKING: The SEC just officially eliminated the $25,000 minimum rule for day trading. This is the biggest change to retail trading in 24 years. Since 2001, if you wanted to make more than 3 day trades in a 5 day period, you needed at least $25,000 sitting in your account at all times. If you dropped below that, your broker would lock you out of day trading completely. This rule blocked millions of retail traders from actively participating in markets simply because they did not have enough capital. That rule is now gone. The SEC today approved FINRA's proposed change which replaces the fixed $25,000 requirement with a real time margin system. Instead of a fixed dollar threshold, brokers will now monitor your actual risk exposure throughout the day and adjust your buying power based on the real risk of your positions, not an arbitrary account balance. Now you no longer need $25,000 to day trade. You just need enough margin to cover the actual risk of your open positions.











