Replies to post #3755 on One World Ventures Inc. (OWVI)

[busytrader]

You don't have any money cause you are a very stupid idiot!

[Henry Jo Bob]

Been studying this myself.

1. If you have minimum $25k in your account you can day trade. Day trader is someone who has 4 or more round trips in a 5 day period. A round trip is when you buy a security and sell it in the same trading session.

2. With $25k in your account you can have as many round trips that you want in a 5 day period but you are still limited by the 3 day settlement rule. Meaning that you can buy a stock, sell the stock then buy again with the unsettled funds from the first sale but then you have to wait till the first sale settles before you can sell that last stock purchase. The way around that is to divide up your investment funds and stagger your buys and sells so that you always have settled funds in your account, easy with a large $$$ in your account, not so easy with smaller amount of funds available. These friggin rules were put in place by the SEC and FINRA to QUOTE" protect small investors from themselves" , I doubt that, they want to give the few more control over the many in my opinion.

2. you can buy and sell as many stocks as you want providing that you have settled funds available and you hold then overhight, holding a stock overnight and selling it the next day is not a round trip therefore not day trading.