I’m a learning to trade the stock market. There is a rule called Pattern Day Trading (PDT). This rule says in a rolling 5 day period (Mon-Fri) you cant take more then 4 day trades. This means if on Monday I take 4 day trades, I will wait to wait till the following Tuesday to be able to trade again. If you break this rule your account is suspended for 90 days or can be closed.
My question is, is there a formula that can mange this in excel? Keep track of the days when a trade is taking and notify/show me when the next day I can place a trade?
If any more information is needed, please let me know.