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Old 08-25-07, 05:40 AM
aquaswim47 aquaswim47 is offline
STTG Veteran In The Making
 
Join Date: Feb 2007
Posts: 409
Actually

Day-trading only requires four day trades per 5 day period (that's less than 1 day trade per day) to be classified as a pattern-day trader. A day trade is a buy and a sell transaction. As a PDT, you must deposit $25,000 and have margin account privileges.
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