NATDIAM Dec 07, 17 3:21 AM
if the first answer is right this means that you can only open and close a day trade ONCE every 5 days, because the last day trade in useless if you can't close it
NATDIAM Dec 07, 17 3:22 AM
is useless*
Drgeske1 Dec 07, 17 4:57 AM
It doesn’t count as a daytrade if you hold it overnight.
Kody Dec 07, 17 8:13 AM
you should check with your broker. it seems each broker interprets it and has their own set of guidelines. Example: my margin account at IB - once you use all 3 day trades you no longer can open a position for overnight or swing. So essentially I'd always have to save a day trade in case I wanted to overnight a stock. if you have cash account there is no PDT requirement. Hope that helped
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@NATDIAM just became a fully transparent trader today!
bro i am at thinkorswim and they accept european people and have a fixed fee of 6.95 $ per trade, no other fees.
Interactive Brokers are ewen cheaper, than Thinkorswim
@NATDIAM on stocks below 2 $ also ? =)
@Gert112 on stocks below 2 $ also ? =)
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