Trading question

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

  1. payup

    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

    Surdo

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

    payup

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