Pattern day trader

Discussion in 'Professional Trading' started by szaby_n, Sep 19, 2012.

  1. szaby_n

    szaby_n

    Hello,

    I would like to ask a small question if possible.I saw that having a 25.000$ margin account you can not make more than 5 trades a week.
    But from what i know using margin means borowing money no?
    So what i would like to know is can i start day trading intraday on US stocks
    with 5000-10.000$?

    A simple yes or no would be most apreciated
    Thank you
     
    #1     Sep 19, 2012
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  2. stevegee58

    stevegee58

    No. It's gotta be $25,000 of your money not including margin.
     
    #2     Sep 19, 2012
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