EL JEFE'S TRADING FOR PROFITS SYSTEM

[el jefe]

Actually, that's not true. It is in the sense that you can trade as much as you want once the trades clear. But margin allows you to trade over and over and the broker fronts the money that's actually yours while the clearing house clears your acct.

Once you are classified as a PDT, your broker is legally required to covert your account to margin as well