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Re: EFGoVols post# 52605

Thursday, 06/28/2007 4:40:11 PM

Thursday, June 28, 2007 4:40:11 PM

Post# of 143047
day trades are a different section of Reg T, you are allowed 3 day trades within a rolling 5 day period. This would entail buying and selling to buy again the same security in the same day. With a margin account you do not have to worry about the 3 day federal settlement period, and with 25k in equity you have day trade marginability which allows constant buying and selling of the same security during the trading day.

All in my own Opinion, Not a Recommendation!!! But let's try to make some money!