Revision as of 00:27, 8 August 2019 edit 2602:306:cd89:8710:153e:a514:2782:61dc (talk) →Day trading in cash accounts: punctuation ← Previous edit		Revision as of 06:40, 24 November 2019 edit undo 207.161.88.67 (talk) →Definition: Fixed typo Tags: canned edit summary Mobile edit Mobile app edit Android app edit Next edit →
Line 11: If, however, the number of day trades is less than or equal to 6% of the total number of trades that trader has made for that five business day period, the trader will not be considered a pattern day trader and will not be required to meet the criteria for a pattern day trader.<ref name="ref5"/> A non-pattern day trader (i.e. someone with only occasional day trades), can become designated a pattern day trader anytime if he~~/she~~ meets the above criteria. If the [[brokerage firm]] knows, or reasonably believes a client who seeks to open or resume trading in an account will engage in pattern day trading, then the customer may immediately be deemed to be a pattern day trader without waiting five business days.<ref name="ref6"/> ==Round trip==

Pattern day trader: Difference between revisions