Stock Trading and Other Things

day trading? -  Stock Trading and Other Things
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day trading?

Hello everyone.
I have question about day trading. Let suppose you buy three stocks during market hours and sell it after hours. Will it still consider as a day trading pattern .
Let suppose by mistake you trade more than four stocks and sold it same day than what would be the consequences for it. I know they would ask to deposit 25k. What happened if you don't have 25k. Thank you

Public Comments

1. Day trading is gambling, pure and simple. The only difference is what you are betting ON. So, they want you to put up your money up front to show you are serious and to cover your losses if you lose. Financially, it is no different than buying a seat in a poker game. If you do not ante up, you do not play the game.

2. You can daytrade with less than 25K but It cannot be a margin account...

"The NASD provides that a pattern day trader is any account that executes four or more round-trip day trades within any rolling five-business-day period. Day trading is the practice of purchasing and selling, or short selling and purchasing to cover, the same security (equities or options) in the same trading day within a margin account. "

3. Yes.