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Post# of 704049
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kron7777

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kron7777

Re: Stormrider post# 4655

Thursday, 07/18/2002 8:37:14 AM

Thursday, July 18, 2002 8:37:14 AM

Post# of 704049
That is correct for regular account which you can upgrade to margin account.
For IRAs - more than 4 daytrades in 5 business days - account is closed. As I understand from other posts , not all the brokerages inforce this rules (and it is understandable).

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