Today, Buy stock X; Buy stock X; Sell all of stock X; How many day trade does this make? at IB 1, at WIKI 2?!?
Today, Buy stock 10 X; Sell stock 10 X; Buy stock 10 X; Sell stock 10 X; How many day trades do these make? The no of stocks that need to be settled at the end of the day is only 10 for the broker, if cash acnt free-riding is a concern.
Also, is 1-2 daytrade more risky compared with frequent non-daytrades, like 30 buy trades monday and 20 sell trades tuesday?
Why didnt they cook up some 25k min deposit rule for highly frequent non-day trader?
1- Buy stock X; Buy stock X; Sell all of stock X; = 3 trades
2 Today, Buy stock 10 X; Sell stock 10 X; Buy stock 10 X; Sell stock 10 X; – Day trades 2
Must pay for the purchase of both buys, if not you are free riding and the account is suspended for 90 days or until payment in full is received and you can not use the proceeds of the sale to cover purchase
All trades are “risky” if you do not know what you are doing and by your question, you don’t know what you are doing.
The Killers – Joy ride (Album Version)
