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Strategies & Market Trends : DAYTRADING Fundamentals

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To: KM who wrote (13200)6/14/2001 9:20:01 PM
From: TraderAlan  Read Replies (2) of 18137
 
KM,

Thats easy. The answer is no. Your "identity" as a PDT comes from flipping, not how much you flip. If you round trip intraday the required number of times, you get the scarlet PDT on your forehead.

The question is how you are punished. The brokers seem to have some leeway, but they still will likely tie your privates to a tree and flog them.

Alan

PS Hey you been?
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