So if i sell my jnug today I'll have the possibility of

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Anonymous
2016-12-30 05:54:38 Post No. 1697061
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Anonymous 2016-12-30 05:54:38 Post No. 1697061 [Report]

So if i sell my jnug today I'll have the possibility of being marked as a day trader on robinhood. But if i understand correctly that only applies, legally, to people who paytern day trade on margin accounts. So if i didn't borrow any money from robinhood, then i shouldn't be marked as a day trader, right?

Anonymous 2016-12-30 06:18:15 Post No.1697103
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Anonymous 2016-12-30 06:18:15 Post No.1697103 [Report]

thought daytrader is defined as buying and selling a position in the same day. like 3 times in a 5 day period or something.

didn't think margin has anything to do with being identified as a day trader.

Anonymous 2016-12-30 06:59:38 Post No.1697164
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Anonymous 2016-12-30 06:59:38 Post No.1697164 [Report]

>>1697061
PDT rules don't apply to cash accounts.

Anonymous 2016-12-30 07:25:21 Post No.1697204
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Anonymous 2016-12-30 07:25:21 Post No.1697204 [Report]

>>1697164
>>1697103
Kek i got marked as a day trader

Anonymous 2016-12-30 07:29:59 Post No.1697208
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Anonymous 2016-12-30 07:29:59 Post No.1697208 [Report]

>>1697204
Wait.... That's a bad thing? Lol I'm day trading rn

Anonymous 2016-12-30 07:35:34 Post No.1697218
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Anonymous 2016-12-30 07:35:34 Post No.1697218 [Report]

>>1697204
https://en.wikipedia.org/wiki/Pattern_day_trader

"The rule applies to margin accounts, but not to cash accounts."

Anonymous 2016-12-30 08:04:09 Post No.1697284
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Anonymous 2016-12-30 08:04:09 Post No.1697284 [Report]

>>1697218
Apparently robinhood is a margin account since i hit the day trade limit and got marked. At least this will present me from wasting money on meme stocks

Anonymous 2016-12-30 09:08:25 Post No.1697428
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Anonymous 2016-12-30 09:08:25 Post No.1697428 [Report]

>>1697284
If you have Robinhood instant, then that is a margin account.

So if i sell my jnug today I'll have the possibility of

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible. Read more on this topic here - https://archived.moe/talk/thread/1694/

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/