Greatvaluetrader1738
:
all brokerage accounts are like this. I have three to give me 9 day trades. webull, Robinhood, and here. you have one day trade left. you'll have to wait 4 days to get some back GL
Greatvaluetrader1738
:
unless you have 30,000 + you can only have 3 day trades for every 5 days. however, you must wait 5 days in order to gain another trade back.
Robert_1371 OP : Im new to trading by the way but i didint know there was a limit ??? Is this only for moomoo or other apps as well ?
Greatvaluetrader1738 : all brokerage accounts are like this. I have three to give me 9 day trades. webull, Robinhood, and here. you have one day trade left. you'll have to wait 4 days to get some back GL
pockets_85 : for the next 4 days you only have 1 day trade left. meaning, when you buy shares of a company and sell them on the same day
Elizabeth G : this video explains it well.The Pattern Day Trading Rule Explained
_Joker_ : Did you read it? Pretty self-explanatory
Robert_1371 OP Greatvaluetrader1738 : I’ll probably do the same thanks
Robert_1371 OP Elizabeth G : Thanks I’ll check it out
Robert_1371 OP _Joker_ : Yea no shit. I guess what i was asking is why ? But other people answered thx
Gigistarr : I experienced the same thing I didn’t know either that there was untill it said it was going to flag or restrict me!!
I’m new to it too..
Greatvaluetrader1738 : unless you have 30,000 + you can only have 3 day trades for every 5 days. however, you must wait 5 days in order to gain another trade back.
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