Trading question

Discussion in 'Trading' started by payup, Mar 19, 2009.

  1. payup


    Lets say i have under 25k in my account, i buy a stock then 5 minutes later i sell it, then buy another stock and sell it a few minutes later.
    what happens here?
  2. Surdo


    After the third round your account gets frozen to closing transactions only, please GOOGLE pattern day trading Rule!
  3. payup


    to avoid this you have to 25k+ and have a margin account correct?