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deathtotaxes

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deathtotaxes

Re: cl001 post# 21375

Friday, 09/02/2005 10:11:15 AM

Friday, September 02, 2005 10:11:15 AM

Post# of 173813
c|001 : Re trading in IRA: do you have over 25K in the account? If so you should have been ok, otherwise they consider you a Pattern Day Trader and the rules would prohibit you from doing what you did.

At least that is how I understood it. I keep money in a non sweep money market at Schwab and will get a warning message sometimes if I attempt a trade without sufficent sweep funds or cash available.

Signatures are so yesterday!

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