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Post# of 704049
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Stormrider

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Stormrider

Re: kron7777 post# 4647

Thursday, 07/18/2002 8:25:32 AM

Thursday, July 18, 2002 8:25:32 AM

Post# of 704049
Actually you only need 4 or more trades within a 5-day business period to be considered a pattern day trader. Once classified as a pattern day trader you must have 25,000 in cash or equity in your account. That's my read on the rules.
Mike

They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety. -Benjamin Franklin

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