I have 2 separate trading accounts at 2 diff brokers but the equity in each account does not meet the minimum 25k for the pattern daytrader status. Does anyone know if each account is limited to 3 day trades in a 5 day period or if those 3 day trades are split up between the 2 accounts together. Thanks in advance for the help.
Each account must have $25,000 for daytrading BP. You can trade 3X in each account/week with less capital. http://www.patterndaytraderrule.com/nasdrule2520.html
Ok thanks I was just making sure I could trade 6 times a week between the 2 and not just 3 since each account only has 10K now.