InvestorsHub Logo
Followers 5
Posts 412
Boards Moderated 0
Alias Born 07/09/2002

Re: ragman post# 4642

Thursday, 07/18/2002 7:55:09 AM

Thursday, July 18, 2002 7:55:09 AM

Post# of 704019
What about the new daytrading rules effective since last September? According to SEC for cash accounts (all IRAs are cash accounts) you cannot make more than 4 daytrades in any 5 concecutive days. If you do, your account will be closed.

Join the InvestorsHub Community

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.