(https://autoshares.com) Rules for Trading in Cash Accounts Trades placed in a cash account require 2 business days for the funds to fully settle before they can be used to buy and sell again. Accounts with less than $25,000 dollars are limited to 2 round-trip "day trades" a week (buying and selling on the same day). After 2 round-trip trades, a cash account holder is considered a day trader. A day trader must maintain a minimum balance of $25,000 dollars and is still subject to 2-day set...

(https://autoshares.com) Cash Account Trade Settlement Cash Trades Settlement Dates are Trade Date + 2 business days. SEC Publication Read the SEC Publication for T+2 Trading Settlements (https://www.sec.gov/news/press-release/2017-68-0) About Settling Trades in Two Days: T+2 Investors must settle their security transactions in two business days. This settlement cycle is known as "T+2" — shorthand for "trade date plus two days." This rule means that when you buy securities, th...

(https://autoshares.com) Day-Trading Margin Requirements: Know the Rules FINRA Day Trading Rules Read the FINRA Publication (http://www.finra.org/investors/day-trading-margin-requirements-know-rules) You may also read the information below. Summary of the Day-Trading Margin Requirements The rules adopt the term "pattern day trader," which includes any margin customer that day trades (buys then sells or sells short then buys the same security on the same day) four or more time...

(https://autoshares.com) Accounts Trading with Balances Below $25000 Dollars Any account with less than $25,000 dollars trading that executes more than 2 "Day Trades" within any running five-day period will be flagged as a Day Trading account. *Day Trade: “The purchasing and selling or the selling and purchasing of the same security on the same day.” EXAMPLE: June 6 -11 (5 running days) Trade 6/6/16 MSFT Buy 100 Trade 6/6/16 MSFT Sell 100 (DAY TRADE 1) Trade 6/6/16 UVXY Sell 100 Trade ...