Fannie Mae-No Politics (FNMA)

[Dallas66]

You must have a minimum of $25000 to "day trade". Most brokers will give you a timeout of up to 90 days if you day trade (or attempt) below that amount. With some brokers, you must inform them you plan to day trade or they will cancel your trades (T+3 rule) and give you a timeout.


ALWAYS check with your broker if you intend to attempt a trade or trades that aren't considered a normal T+3 trade.