InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,893.62
(
0.39%
)
US TECH 100
20,001.20
(
0.70%
)
Dow Jones
43,389.60
(
-0.13%
)
Brent Oil
73.23
(
3.56%
)
Bitcoin
91,766.87
(
2.11%
)
Post# of 37856
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Manti

Send PM Follow Ignore
Followers 256
Posts 17574
Boards Moderated 1
Alias Born 07/10/2003

Manti

Re: yogowypi post# 19208

Monday, 01/30/2012 11:31:41 AM

Monday, January 30, 2012 11:31:41 AM

Post# of 37856
Any margin account that executes four or more day trades/round trips within a rolling five business days has shown a pattern of day trading. The account will be flagged as a pattern day trading account and subject to the National Association of Securities Dealers (NASD) Pattern Day Trading Rules.

If you have a cash account, you have settlement criteria to deal with in addition to pattern day trading.


Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

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.

Sign Up