Pattern day trading

created by artlu

(thing) by artlu (4.1 y) (print) ? (I like it!) Tue Dec 31 2002 at 7:35:45

A day trader is someone who purchases a stock and sells it within a five day period. (Check out the day trading node for more information). If a person day trades more than 4 times in a five day period then he or she is labeled as a pattern day trader. In order to ever again be able to day trade on margin, a pattern day trader must hold equity in his or her portfolio worth $25,000+ or that person is subject to day trading with cash only. This SEC ruling has been in effect since 1996.

printable version
chaos

Day trader	Get rich trading on the stock market	Black Coffee	Currency of the World
Foreign exchange trading	London Underground	SEC	Securities and Exchange Commission

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