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Shepo69

02/13/12 3:10 AM

#41116 RE: BabyFreshNuggz #41112

I think having a margin account and a day trading account might be 2 different things ? I know they have the 25K rule for day trading or used to.. but they allow up to 4 round trips in 5 day period..so if your careful and selective.. you can keep it under the 4. a round trip is buying and selling in the same day.. If you bought today and sold the next am.. that's not a round trip. So I do a lot of that.. lol.. I think margin level is 2K.. though.. Idk.. I'm sure all that info would be on there web sight..
Kinda off topic so. don't want to take up any more board space with this though.. good luck