If you buy 500 shares of a stock twice during the day then sell the 1000 shares in one sell does it count as one or two daytrades? This is assuming your account is under 25K.
But how can that be? If one buy and one sell = only one daytrade then how can one extra buy = 3 trades?
yes, i am not so sure now for my answer, but i think each order is a trade ? you buy first 500 X : 1 trade you buy another 500 X : 1 trade you sell 1000 X : 1 trade
well 3 transactions for sure but maybe its only one round trip. Not sure if round trips matter though.
I think for the daytrading rule that one buy and one sell equals one daytrade so maybe 2 buys and one sell equals 2 daytrades?
Is there a difference between buying 500 shares twice or having a 1000 share order filled by 2 partials. If I have a 1000 share order partialed 5x at 200 sh each, am I PDT if I sell in the same day? My guess is if you bought 2x and sold only once, it would be 1 trade. If it's not 1 trade, then partials could be a problem. But it's only a guess.
I think partial fills of a single order count as a single order. I know I only get one ticket charge.
Well To the best of My Knowledge A daytrade is a round trip (One Buy & 1 Sell) in a Market Day (including EH) Therefor 2 buys or Sells & 1 Sell or buy would not be 2 daytrades