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  • pattern/day trading

    What are the disadvantages of getting flagged as a pattern/day trader by a brokerage?

  • #2
    Potential Pattern Day Trader - Intraday Trader (Expert's dictionary)

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    • #3
      The question is do you consistently trade 4 or 5 stocks a week year round? If you only do this few weeks at the time and there is NO CLEAR consistent pattern of behavior. To me that's the key. You aren't required to maintain $25K equity balance in a margin account under SEC rules.
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      www.mo-moneyman.com

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