PDT - John Hancock Premium Dividend Fund
- The only people that call their brokers nowadays are rich except for the ones asking about why they got restricted from PDT and then from trading violations on the cash account.
- Yes, y'all, people still call brokers. Especially when they do not understand what they are doing. Requirements include passing some god awful tests and then being able to explain conditional, limit, OTC, pink sheets, giving quotes, option trades, spreads, straddles, iron condors, butterflies, leverage, margin, ETFs, PDT, IRAs etc etc etc. With no commission paid. Generally it is guidance on how to place the trades on the free trading platforms. No financial advice can be given. Just facts and explanations.