Yes, but you will be limited to 3 trades a week unless you have over 25k in your account. I wouldn't buy anything in the morning and hold it until the next morning. Not with these Penny stocks at least. However, if you can trade the last 30-45 minutes of the day as well you can find decent plays to hold over night and sell in the morning so they don't count as a day trade. If you find a stock that finishes strong on the day there is usually a pretty good chance of a morning spike in the firs

First 30 minutes.

PDT rule doesn't apply if your using a cash account.

BlackWolf, Can you elaborate? Also I have an E-trade and a TD Ameritrade Account so I think that will give me a bit more breathing room. Any other brokers worth using?