Day trade call question

Discussion in 'Trading' started by sleepwell!, Oct 14, 2017.

  1. vanzandt,

    Would you say if I do this, it will also be permitted?

    Let's say I accumulated $7500 in a day, and desperately want to get rid of all $7500 by the end of the day.

    (31)
    Buy $5000 of A
    Buy $2500 of A
    Sell $5000 of A
    Buy $2500 of A
    Sell $5000 of A

    Two trips (as defined by how much I sell) are both 5k.
    -------------

    Because normally if you do this:
    (32)
    Buy $5000 of A
    Buy $2500 of A
    Sell $5000 of A
    Sell $2500 of A

    The trip is 7500 and will trigger a call.
    -------------

    If I can't do example (32), can I do (31) as a work around, by buying another 2500 before the final 5000 sell?
     
    #21     Oct 15, 2017
  2. #22     Oct 15, 2017
  3. cvds16

    cvds16

    no idea, I never had it happen with IB either
     
    #23     Oct 15, 2017