Is this considered day trading?

If I buy 500 shares of XYZ on Monday.
Buy an additional 250 shares of XYZ on Tuesday.
Sell 200 shares of XYZ on Tuesday.

At the end I am left with 550 shares.

According to the pattern day trading rules, is this considered day trading?

Public Comments

1. Technically only the sell would be reported to the IRS, so I suppose Monday would not count as a trade to be classified as day trader..

2. Yes!
Day trading mean that you start tradingwhen the market opens at 9:30am ET til it closes at 4:00pm. Whether you by or sell, i is call day trading

3. it is day trading, and not because you buy and sell from 9:30 - 5 since that's when the trading floor operates, it's called day trading when you buy and sell the same shares the same day. try to hold your shares for at least 3-4 days (specially if there are common shares so you can get some dividend)

4. Brandon: Absolutely! A daytrade, as it concerns pattern daytrading rules, is considered a "round trip"....in a trade and out a trade on the same day. Three times within a 5-day period is the most you can do that. The fourth time and you are a marked man, my friend!
Learn some swing trading strategies and that will help you until you get to that magic milestone of $25k....in which case you don't have to worry about those rules.

May all your trades be filled and on the plus side!

5. The day trader pattern rule is designed to keep traders with less than $25,000 in their stock trading account from moving in and out of the same stock multiple times in the same day.

This is considered being on both sides of the market. Technically, your example is not in violation of the rule, as the SEC allows around four trades like yours per every 5 day period.

Take a look at this blog at Blogger for more info on day trader pattern rules and how you can work around it:
http://pattern-day-trader-rule.blogspot.com/