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design333

05/17/06 9:01 AM

#21879 RE: guaranasa #21876

Typically that is only a problem if your account is under 25,000.

cookie01810

05/17/06 9:14 AM

#21885 RE: guaranasa #21876

"For example, your are limited to how many times you can jump in and out of the same stock in a 5 day session period before you become labled as a daytrader. Thanks in advance for any thoughts on this."

3x--then you wil have to open a marin account.

You also can't buy and sell and buy and sell within 3 days the same stock because you will be trading on unsettled funds.

m I did that 3x and alsomst got halted.

Margin acconts require oyu to have 25K in it