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madaznfootballer

08/15/12 11:05 PM

#59303 RE: johnny2525 #59301

It will take into effect the next day. It goes by balance at the end of the day, where the definition of EOD includes after hours as well.

Kenswift

08/16/12 7:52 AM

#59361 RE: johnny2525 #59301

You account turns into a day trading account when you make 4 round trips within a 5 business day period. So if you hit that and have 25k your good, if not you get restricted.