If I had $210K in an account. And I decided to keep $110K in cash at all times...how often could I trade leveraged ETFs with the remaining $100K. Once a day? Once every 3 days? Also, if I was trying to trade a stock...like Ford (F), could I just trade as often as I wanted to? Thanks, SM
As often as you like as long as you maintain 25K worth of equity in your account to comply with pattern day trader rule. http://en.wikipedia.org/wiki/Pattern_day_trader
Thanks. I'll read up on this. I skimmed it and wasn't real clear on what you have to do if you don't trade too often. Can you stay in compliance with like 3 or 4 trades a day? SM