Replies to post #139553 on Zeev's Turnips Patch-No Politics (ZEEV)

[kmjb9763]

Can't answer that question. Have daytraded from Brown and scottader IRA for well over a year with the only restricition being that I could not trade more than my daily cash available. So each day it just rolled over and I would use it again the next day. Mike

[Newly2b]

I think, in general, the PDT rules are interpreted as applying to margin accounts only. In my IRAs I can do as many roundtrips as I chose per day provided I don't spend more cash than what was available that morning. Only TradeStation (of my six or so brokerage accounts) applys PDT rules to IRAs.

Newly