Discovery Minerals LTD (DSCR)

[JimForces]

Would someone please be kind enough to answer a noobs DAY TRADING question >

I am only a little fish with a few $1000, and am severly limited by only having a CASH account.

I can only make a couple trades during a week, and it has severely hurt my ability to make money ( esp. since I have made some bad descisions of late ).


QUESTION


If I was to buy 1 milly shares of XXX stock in the morning in ONE lump sum BUY >

And say it goes up over 50% during the day

Am I allowed to make several SELLS if I desired to secure a profit ..... would this still be considered ( 1 ) single day trade ?

Or do I have to sell the entire 1 milly in one single SELL ?

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Does the ( 1 ) day trade simply mean trading the stock, and NOT just each individual transaction ?

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Is this same way once you have $25,000 and a margin account,
in that you can buy a lump sum in one BUY, and then sell it off
in pieces ?

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Thank you for your help, and understanding !!