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furjaw

Registered: Aug 2012
Posts: 2

08-05-12 09:22 PM

OptionsHouse.com suspended my account for 90 days for day trading.
My account balance never dropped below $35,000.
I do not understand.

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thunderbolttr

Registered: Aug 2010
Posts: 156

08-06-12 01:48 AM

Did you exceed your buying power such as, for example, buying non-marginable stocks using margin?

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furjaw

Registered: Aug 2012
Posts: 2

08-06-12 03:33 AM

Quote from thunderbolttr:

Did you exceed your buying power such as, for example, buying non-marginable stocks using margin?

I don't think so.
I just opened an account with SogoTrade.com.
Free trades for 30 days.
$3 per trade thereafter.
Let's say that I do 4 day trades in one week.
Then I would identified as a Pattern Day Trader.
Then what?

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