PDT Rule

Discussion in 'Trading' started by NasdaqTrader, Mar 6, 2004.

  1. When applying the PDT rule of having to have $25,000 to daytrade more than 3 times over a 5 day period,do stock positions count or just cash towards meeting the $25k requirement.For example,if one has $24,000 in stock positions,but only $1000 cash in an account,would one be able to do unlimited daytrades with that $1000?
  2. dunno for sure - but one thing for certain - don't let the first daytrade with the 1000 lose money, otherwise the question will definitely be answered. That is providing that the 24,000 position remains at even.
  3. Sittas


    stock does count