S stasbz Established member Messages 587 Likes 1 Aug 30, 2011 #1 Hello! I need not more than 5 intraday trades a week. I have account and 3 day trades. What If i have two brokerage account and can make 6 day trades a week. are there any problems with law? i understand that that accounts will be separate.
Hello! I need not more than 5 intraday trades a week. I have account and 3 day trades. What If i have two brokerage account and can make 6 day trades a week. are there any problems with law? i understand that that accounts will be separate.
piggybridges Established member Messages 632 Likes 201 Aug 30, 2011 #2 Im not aware of any laws stopping one from doing this. Should be fine.
Lightning McQueen Moderator Messages 4,989 Likes 820 Aug 30, 2011 #3 stasbz, are you trying to skirt around Pattern day trading rules here in some way :whistling
S stasbz Established member Messages 587 Likes 1 Aug 31, 2011 #4 Lightning McQueen said: stasbz, are you trying to skirt around Pattern day trading rules here in some way :whistling Click to expand... i need just 5 day trades a week! i dont understand why Gov. have not done 5 day trades rules. I mean day trading are usually more than 5 trades a day.
Lightning McQueen said: stasbz, are you trying to skirt around Pattern day trading rules here in some way :whistling Click to expand... i need just 5 day trades a week! i dont understand why Gov. have not done 5 day trades rules. I mean day trading are usually more than 5 trades a day.