Day Trading

Discussion in 'Retail Brokers' started by furjaw, Aug 5, 2012.

  1. furjaw

    furjaw suspended my account for 90 days for day trading.
    My account balance never dropped below $35,000.
    I do not understand.
  2. Did you exceed your buying power such as, for example, buying non-marginable stocks using margin?
  3. furjaw


    I don't think so.
    I just opened an account with
    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?