среда, 23 июня 2010 г.

Round Trip

Defined: The successful purchase and subsequent sale of forementioned purchased (stocks).

If you buy the same stock, at 3 different times in the same day, and close all of that same stock in one trade, that will be considered 3 day trades. The next day trade in the next 4 business days will freeze your account (you can only close existing positions) for 90 days, or until you get $25,000 cash into your account, whichever comes first. This also applies to options.

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