To my TRADING pals...........listen up

 Key changes in the proposal:

• Eliminates the PDT designation entirely — No more counting day trades or the "4 in 5" trigger.
• Removes the hard $25,000 minimum equity requirement for day trading.
• Replaces it with real-time "intraday margin" rules — Brokers will monitor your account's risk throughout the day based on your actual positions and market exposure.
• Instead of a fixed $25k threshold, you'll be subject to standard maintenance margin requirements applied intraday. Brokers can block trades or require you to add funds/liquidate if your account goes into a margin deficit during the day.

This shifts from a rigid "you must have $25k" rule to a risk-based, real-time system that modern brokers can already handle with today's technology.

What This Means for Traders

Aspect	Old PDT Rule	New Intraday Margin System
Minimum Equity	$25,000 required	No fixed minimum (likely much lower, e.g. ~$2k depending on broker)
Day Trade Limits	3 trades/5 days if under $25k	No limits based on trade count
Monitoring	Based on trade count	Real-time risk calculation
Who it affects	Margin accounts only	Still margin accounts (cash accounts unchanged)

Positive for small traders: People with $5k–$20k accounts will be able to day trade more freely without restrictions or switching to cash accounts.

Potential downsides: Higher risk for inexperienced traders who could lose money faster with leverage. Brokers will still enforce margin calls and may have their own stricter house rules.

Current Status (as of April 14, 2026)

This is not yet fully effective. FINRA filed the proposal (SR-FINRA-2025-017), and the SEC has an approval deadline around today or April 16. Many sources expect approval soon, with an implementation period afterward (possibly weeks to months as brokers update systems).

The "BREAKING" post is likely reacting to the imminent SEC decision.

If you're a day trader, check with your broker for their exact timeline and new policies once approved. This is one of the biggest changes to retail trading rules in over 20 years.

TAX DAY, April 15

Had to pay big money to the United States of America for the 2025 tax year.

Today, paid the first quarterly estimate for 2026, probably enough to put you in a Tesla.

I am positive with the money I am paying, your neighborhood should see new hospice centers, Somali learing centers,  and more Medicaid and Medicare madness.   

The lack of accountability in government, state, local, tribal, and federal, is truly stunning, even to Elon Musk.   Accountability to the tax dollars you paid, I paid.

Accountability to common sense, the rule of law, society at large.

Accountability to God.

The disgusting part of all of this money being turned over to the federal government, to be pilfered by Congressman and Senators alike, is that I can't send the funds, via wire, to people, agencies, departments, charities that actually need the money.   No, I have to send it to Big Brother, who then, disgustedly, decides how much to skim for their own benefit. 

No one goes to jail.  No one is charged.  No one is arrested.   No one does time.  No one pays it back. 

It's like Americans aren't even there.     The printing presses continue.  The devaluation of the dollar only goes one way.

American monetary policy in decline.   The fraud insures it.

FOR SALE

One NATIVE AMERICAN Privilege Card.

White Earth Chippewa.

Reason for selling:    Am 72, never been used.    Hasn't done anything for me.  No free college, no free food, no free housing, no free anything.

I was awarded a couple hundred dollar treaty settlement in the 1960's.   Dad took the money and put it toward buying a Polaris snowmobile, 20 horsepower.

Would prefer cash for the card but willing to do an even trade for a widely used VICTIM CARD which seems to be widely accepted and with much better benefits.

Did not take any PPP money or Covid money.

Am clot-shot free, a pureblood, so at least I got that going for me. 

Elon Musk on X talking straight up................

"The Biden administration actively flew illegals into America with no vetting of their violent criminal past into America and paid for their flights via NGOs. 

This is a war crime. Mayorkas and his buddies orchestrated this and should be on trial for their diabolical deeds."

Have a Great Weekend America!

 

NATIONAL DEBT CLOCK

Los Cabos Predator Prey

The pelicans of Los Cabos had a great week.   

Schools of prey fish species moved close to the shoreline with the strong surf this week and made for awful easy pickings by these brown pelicans.  Their ability to catch a fish on about every dive was amazing.  

How do you spell RESET? Scared yet?

 

Just Imagine the Brutality of this Scenario

This will put a damper on colleges and universities.  

The liberal bastions of free money won't understand it.

They can't fathom their "product" being obsoleted.

Read this and weep.  Coming at you faster than the speed of life.

Kid graduated with a 3.9 GPA in CS and $167k in debt three weeks ago 

Been rejected from 623 entry-level positions Not ghosted. Actively rejected. With feedback.

"Position filled by AI automation."

 "Role eliminated during digital transformation."

 "Headcount frozen pending workflow optimization." His algorithms professor said he was top 5% of his cohort His data structures final project got him a recommendation letter from the department head None of it matters because every company posting "entry-level software engineer" actually wants someone with 4+ years of AI prompt engineering experience

The brutal part: he keeps getting auto-rejected by ATS systems built by the same companies that won't hire him

His parents refinanced their house for his senior year tuition

Last week he started learning how to drive for Uber

The American dream just got automated out of existence and nobody in Congress gives a shit about $167k in debt that can't be discharged in bankruptcy

His Stanford CS degree is now worth less than a CDL license

------TechLayoffLover on X