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brokestocker

12/21/06 12:06 PM

#2849 RE: bman #2842

Ameritrade has a counter on the home page that tells you how many day trades you have made...I believe that they call it "round trips"...it will tell you like..."2 round trips in last 5 days"

and it of course resets accordingly...

they consider it a round trip when:

you buy and sell the same stock in the same day

you sell a stock and then buy back in in the same day