Wednesday, June 14th, 2017

What constitutes a day-trade as it pertains to the SEC day-trading rule?

Okay so if I buy a stock and I sell it in the Same Day, Is That The Only Way It Would Be Considered a day-trade? Options are subject to this rule as well. Also, the five day period: Is That Mon-Fri, or five consecutive trading Is That days?

Comments

One Response to “What constitutes a day-trade as it pertains to the SEC day-trading rule?”
  1. LongArm says:

    A daytrade is the opening and closing of the same position on the same day. If you execute 4 or more daytrades in any 5 business day period (doesn’t have to be Mon-Fri), you’ll be labeled a pattern daytrader. Yes, this applies to options too.

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