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'''Definition''': ''The purchase and subsequent sale of forementioned purchased (stocks).''
Day trading refers to buying and then selling or selling short and then buying back the same security on the same day.<ref name="ref7"/> Interpretation for more complex situations may be subject to interpretation by an individual brokerage firm. For example, if you buy the same stock in three trades on the same day, and sell them all in one trade, that can be considered one day trade<ref name="ref8"/> or three day trades.<ref name="ref9"/> If you buy stock in one trade and sell the position in three trades, that is generally considered as one day trade if all trades are done on the same day. Three more day trades in the next four business days will subject your account to restrictions (you can only close existing positions or purchase with available cash up front) for 90 days, or until you deposit enough to have $25,000
==Requirements and restrictions==
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