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cintrix

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cintrix

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Re: mrets123 post# 4599

Friday, 11/18/2016 1:29:27 PM

Friday, November 18, 2016 1:29:27 PM

Post# of 6299
No, no. If you are using a cash account you have to worry about T3 rules. If you have a margin account you don't, but if you hold under 25k in that account you will be held accountable to pattern day trading rules. If you want to get around T3 rules get a margin account, but if it is under 25k don't be daytrading over four daytrades within five trading days:
http://www.finra.org/investors/day-trading-margin-requirements-know-rules
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