Day Trading

VWAP Trading Explained: How the Benchmark Works—and When It Fails

How VWAP is calculated, why institutions use it, what anchored VWAP changes and why the benchmark is not a prediction engine.

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Pattern Day Trader Rule 2026: What Replaced the $25,000 PDT Rule

FINRA replaced the old PDT designation and $25,000 minimum with intraday margin standards. Here is what changed, the phase-in and broker implications.

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