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Dallas66

10/28/13 11:52 AM

#140421 RE: lumpina #140362

Rules for a retirement account may differ based on broker rules/requirements. Typically a "daytrade" is the buy AND sell of the same security within the same business day....OR...a short sell AND buyback of the same security within the same business day.

Again...to daytrade one must have a minimum of $25k in your account, and for shorting most brokers require a margin account.