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How this actually works

Plain-English explainers from the desk - the rules that govern your account, the mechanics behind a trade plan, and the parts of trading that decide outcomes before a position is ever opened. No jargon for its own sake, and no promises about returns.

RegulationThe pattern day trader rule - and why it no longer works the way you were told

For 25 years the PDT rule capped day trading below $25,000. FINRA replaced it on June 4, 2026. Here is what the rule was, what replaced it, and what actually changed for your account.

Small accountsDay trading under $25,000, after the rule change

The $25,000 minimum for pattern day traders was eliminated on June 4, 2026. What that means for a small account, what it does not mean, and the risks that got bigger rather than smaller.

RegulationIntraday margin: what replaced the pattern day trader rule

FINRA replaced day-trade counting with intraday margin monitoring on June 4, 2026. How the new standard works, the 5% and $1,000 exceptions, and the 90-day freeze.

FundamentalsHow to read a trade alert properly

A usable trade alert states an entry zone, an invalidation level and defined targets before the trade happens. How to read each part - and how to spot an alert that is not actually a plan.

FundamentalsRisk management, before the trade exists

Position sizing, defined invalidation and why the decision that determines your outcome is made before entry, not during the trade.

The same discipline, applied daily.

Every market day the desk publishes a pre-market brief, a market-open read and a midday update. Members get them live; they are published free here one day later.

Read the market briefs