Blizzin Stocks

[gail]

ah, ok, you mean the day trader rule? it goes like this..

if you have under 25k in your acct (at least i think its 25k) and its universal no matter your broker, from what i was told... then you can only day trade 3 times in a 5 buz day period or else, they knock out your knee caps and lock up your acct.

for example..

lets say you buy grbt TODAY at .0001, and it flips TODAY at .0002. or even if you just get back out at 1 (cold feet) .. that.. is a day trade,, got it?

so, you write it down and slap that sucker on your monitor and note that exactly next tues.. that one clears.. its gone off the day trade calendar.

so, if you flip 2 more tomorrow, in the same day as bought, those clear next wed. if there is a holiday, that is not a buz day.

got it?