Pattern day trading rules

Discussion in 'Trading' started by gwac, Jul 15, 2008.

  1. gwac


    What securities is this for. Just equities or futures also.
  2. Surdo


    PDT does not apply to futures, are you new to trading?
  3. gwac


    I am canadian and I just got this crap sent to me. I am a tad confused, i only trade futures and I have more than 25k.

    I have no idea why I was sent this by my broker!

  4. Your broker probably sent it to you because it has to be sent to all clients.

    PDT rules only apply to stocks.

    You can trade futures as much as you want with no $25k rule and no wash sale rule :D
  5. gwac


    I never buy stocks but last week I was in and out of Fre so that must of sent out some red flags.

  6. bespoke


    Who is your broker? PDT doesn't apply to Canadians. There are no PDT rules at CDN brokers like Questtrade, but there is at IB Canada (I assume cause it's linked to the US).