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What are the consequences if I have a margin account and I day trade four times in five rolling business days?

April 26, 2017account Business consequences days margin rolling times Trade

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What are the consequences if I have a margin account and I day trade four times in five rolling business days?

1 Answer

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10 Posted

A. Your account will be designated as a Pattern Day Trading account, and you will be required to maintain $25,000 equity at all times in order to continue day trading.