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Strategies & Market Trends : DAYTRADING Fundamentals
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To: TraderAlan who wrote (13201)6/14/2001 10:28:06 PM
From: Leland Charon  Read Replies (1) of 18137
 
Alan,

Basically this PDT designation calls for 25K in a PDT account and will allow that person 4:1 intraday margin correct? Is there any limit on how many times one can turn his account over per day (ie: buying and selling 1000 shares of XYZ 100 times per day)?

Just trying to make sense of these rules.

Leland
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