I know the basics, including that more than three intraday trades in one week induces the label as a pattern-day trader, and that there must be a minimum of $25,000 in the account at all times. These are the main questions I have: What is labeled as a single intraday trade? For example, if I enter a long position at 10:00 Eastern, sell half of it at noon, and half before close. Is that one or two intraday trades? Also, if I have well under the $25,000 and am not labeled as a pattern-day trader, how long does it take for my positions to process? I have heard that, once the position is closed, it takes three days for that money to show up in the account again. Thanks for your help!