Tag Archives: Pattern Day Trader

Question about “pattern day trader” rule?

By DayTrader | February 2, 2009

Jimmy J asked: Can I do this?
10/1) Buy 20 MSFT, buy 20 GOOG, Buy 20 INTC
10/2) Sell 20 MSFT, sell 20 GOOG, Sell 20 INTC
10/3) Buy 30 AAPL, Buy 30 WMT
10/4) Sell 30 AAPL, Sell 30 WMT
Am I allowed to do these trades without being marked “a pattern day trader”?Marcella

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What makes someone a pattern day trader?

By DayTrader | November 6, 2008

Mel V asked: If I buy stocks and sell them the next day and do this once a day, does that make me a pattern day trader if I have more than 4 transactions in a 5 consecutive business days? I’m not buying the stock and selling it the same day.Great Homes

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Will I be identified as a pattern day trader?

By DayTrader | October 31, 2008

Alex asked: I’ve changed my trading style recently, and now instead of buying and holding stocks for a week or two, I’m doing only1 or maybe 2 day trades a week. And that’s all I’m doing. I’m not doing any other transaction throghout the week. And of course my account is under $25,000.
Will [...]

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Does pattern day trader rule only apply to trades within a margin account?

By DayTrader | October 26, 2008

freeetibet asked: If I don’t use a margin account, am I still at risk of being labeled a pattern day trader if I do 4 or more day trades in a 5 day period? I only intend to use cash to purchase stocks.Work Home Ideas

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How do partial fills affect day trading status?

By DayTrader | September 28, 2008

Chris B asked: In the U.S. Stock Market, how do partial fills and multiple orders count in getting flagged as a Pattern Day Trader?
Day trading is buying and selling the same security within the same trading day (though if you don’t already know that, you shouldn’t be answering this question).
Suppose I process a series of [...]

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