Pattern Day Trader Rule Clarification

Discussion in 'Retail Brokers' started by Toonces, May 17, 2004.

  1. Toonces


    According to what I've read, once you are restricted, you are 'back in business' once your account goes back above $25K in equity. Are you allowed to trade immediately after it goes back up? Is there a waiting period? Does it depend on your broker?
  2. Your broker is eager for your commissions.