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by mkhalil
3262 days ago
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The Financial Industry Regulatory Authority (FINRA) in the U.S. established the "pattern day trader" rule, which states that if a stock trading customer makes four or more day trades (opening and closing a position within the same day) in a five-day period the customer is considered a day trader and must maintain a minimum $25,000 account balance. https://www.finra.org/investors/day-trading-margin-requireme... |
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