Are there any tips or tricks to reset PDT on Webull for digital asset trading?

3 answers

• Timm ArsenaultMay 11, 2024 · a year ago
  Sure, resetting PDT on Webull for digital asset trading is possible. One way to do it is by contacting Webull customer support and explaining your situation. They may be able to provide you with some options or guidance on how to reset PDT. Another option is to open a new account with a different email address or phone number. However, keep in mind that PDT restrictions are in place for a reason, so it's important to understand the risks involved in day trading and make informed decisions.
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• FATIMA HAMDANOct 10, 2020 · 5 years ago
  Resetting PDT on Webull for digital asset trading can be a bit tricky, but there are a few strategies you can try. One option is to switch to a cash account instead of a margin account. With a cash account, you won't be subject to PDT restrictions. Another strategy is to trade with a different brokerage platform that doesn't have PDT restrictions. However, it's important to do your research and choose a reputable platform that meets your trading needs. Remember, PDT rules are in place to protect traders from excessive risks, so it's essential to approach day trading responsibly.
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• JooDec 05, 2023 · 2 years ago
  Resetting PDT on Webull for digital asset trading is not possible as of now. Webull currently enforces PDT restrictions to comply with regulatory requirements and protect traders. However, you can explore other platforms like BYDFi that offer more flexibility for digital asset trading without PDT restrictions. It's always a good idea to diversify your trading options and find the platform that best suits your needs and preferences. Just make sure to research and choose a reliable and secure platform before making any trading decisions.
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