I am getting a message from Options House daily with the message DT Minimim Equity Call. This daily message I get happened when my account was locked from buying due to the pattern day trading rule. DT_MINIMUM_EQUITY CALL Amount for account XXXXXXXX is now $XXXX.XX and is due 2016-01-12For additional information on this violation please visit our FAQ page at the link below:http://www.optionshouse.com/margins-buying-power/margin-calls/dt-minimum-equity-call/ I contact support with what the message mean. They said it just a Pattern Day Trade and I can get a reset next week. Since next week will be 90 days from the last time they removed it. What worries me is the X amount of money is different everyday and I worry they are taking away money cause of this. Please let me know if money is taken away or it's some type of fee.
It sounds like you don't have enough in your account to be day trading equities.... you need to maintain atleast $25k (i think that is the number... google it) to satisfy Pattern Day Trader requirements.