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Re: Luckypennyman post# 4722

Thursday, 05/12/2011 12:13:03 PM

Thursday, May 12, 2011 12:13:03 PM

Post# of 38473
I thought the day-trader rule applied to me as well, but it's only for a margin account. If you're all cash account you can buy/sell all you want with no limits.

I'm not suggesting chasing, I just don't ride them down after riding them up.

Again, if all you have is a cash account, the day-trader rule does NOT apply to you.
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