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Strategies & Market Trends : Classic TA Workplace

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To: taylorfife who wrote (22074)11/21/2001 3:58:18 PM
From: UnBelievable  Read Replies (2) of 209892
 
If You Were Trading A Stock

This type of trading would be the type of trades which would result in your being determined to be a day trader, and subject to the minimum account capital that daytraders now must maintain. As long as you are maintaining the capital in your account required (I don't recall the exact dollar amount - I can check it) you can have as many wash trades as you want.

Futures are not subject to the wash sale rules nor is there a minimum capital account balance other than the required "margin" amounts.
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