I have done some trading in my time, and I wondered how to get around the Pattern Day Trader (PDT) rules (this does not directly relate to me because I prefer swing or long-term investing.)
I have briefly researched two ideas:
- Trading with an out-of-country broker.
- Using a cash account (opposed to a margin account)
What are the pros and cons of the two ideas?
Note: Please give your answer in a format that is readable and easy to understand.