Nasdaq "Day-Trading Rules" Question: I am not classified a patterned day trader yet, mainly b/c the equity in my account does not exceed 25,000. Because of this I am not supposed to exceed 3 day trades in any 5 day rolling period. Does anyone know what happens if you make more than the alotted 3 day trades in a 5 day rolling period?
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.