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Re: Porgie Tirebiter post# 195932

Saturday, 03/01/2014 5:10:56 PM

Saturday, March 01, 2014 5:10:56 PM

Post# of 372434
I see. Yes I did mean the Pattern Day Trader rule - Meaning I am unable to make more than three "day trades" in a rolling five day period I.E. buy and sell company "A" on Monday, company "B" on Tuesday, and company "C" on Wednesday (I am now at my limit until Thursday).*

I don't understand how, if at all, that translates to options trading. I don't intend to trade in an IRA yet - as of now I want to trade to supplement and eventually replace my income.

*edit:

the following Thursday I mean.

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