Effects of PDT change
Does anyone else interpret PDT change as exit liquidity for institutions/smart money? Of course increased demand would raise price initially but I don’t see that increased demand holding, considering a majority of people the change effects aren’t profitable. I could be paranoid of a crash based off of a recent macro class, what are thoughts? (Might be a dumb or /investing question, but I’m new to the trading world so any info is appreciated)