Received 1 Karma
Mars_2_3
Mars_2_3 Dec 21, 15 10:35 PM

3 day trades per 5 business days

ConfusedTrader
ConfusedTrader Dec 21, 15 10:36 PM

It's for a rolling windows of 5 working days. At any given time the days trades should not exceed 3 within 5 working days. Hope this helps

COMBATVET
COMBATVET Dec 21, 15 10:44 PM

Write your trades on a calendar, I have been on restriction a few times because I thought I had another trade. TD Ameritrade tells you how many day trades you have left but most other places dont.

BowlesTrader5
BowlesTrader5 Dec 21, 15 11:13 PM

You can make 3 trades, 3 buys 3 sells, in 5 business days. Thats the PDT rule

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