Pattern Day Trader
Pattern day trader is a trader who buys and sells a security at least 4 times in a 5-day period, and for whom 6% of all activities are same-day trades.
SEC assigns special rules for pattern day traders.
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Pattern day trader is a trader who buys and sells a security at least 4 times in a 5-day period, and for whom 6% of all activities are same-day trades.
SEC assigns special rules for pattern day traders.
| Related Terms: |