Looking for clarification on pattern day trader, does that a...
Looking for clarification on pattern day trader, does that allow for a purchase and sale (one transaction) or does each transaction decide as an individual trade and you're only Is it an authoritative three every five days?
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Knulp : A day trade is defined as buying then selling or selling short then buying the same security on the same day.
You can see "Day Trade Left (T, T+1, T+2, T+3, T+4)" in your account page, which denotes the numbers of day trades available for your account.