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johnny2525

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johnny2525

Re: Kenswift post# 59295

Wednesday, 08/15/2012 10:55:37 PM

Wednesday, August 15, 2012 10:55:37 PM

Post# of 72024
Ken ? For u. I'm super close to the 25k day trader requirements. In this instance let's use an easy number and go with a 12500 balance. If I play Aps tomorrow and hit a double out the gate and sell that's gonna take one of my day trades away. But now I have 25k. Does my account automatically turn into a day trading account or do they wait for the balances to square at the end of the day. My thinking is that u can use all 4 trades on the same day and when they restrict u, u could always say that ur account qualifies cuz u have 25gs. Am I wrong on this
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