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Day Trader status with under 25k, how is it done?
Hello all, how can I daytrade with 3k and not be affected by the PDT rule?
I know all about the PDT rule, the 25k requirement, and the 3 daytrades in a 5 day rolling business period etc.
I have paper traded for about a year, and have a profitable trading record, but I only have about 3k that I could trade with.
I've done a lot of research on this but I know there must be another way.
Are there alternate ways or instruments I can use to trade stocks through as a daytrader though?
I've looked at futures and forex, I'm set on stocks.
Thank you so much for your reply.
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Last edited by jhonrtin; 09-15-2011 at 03:30 AM.
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