Can I Still Daytrade My IRA Account?

V

version77

After the new SEC rule goes into effect, will I still be
able to daytrade? I know I cannot use margin or go short
in an IRA account. Will I still be restricted to less
than 4 trades per week? Or will I be able to do as many
trades as I want?
 
It is my understanding that you will still be able to daytrade within an IRA as long as you maintain a $25,000 minimum balance. Less than that, and portions of your account may be frozen for various time periods (assuming you meet the criteria of "pattern daytrader" by daytrading 4 times in a 5-day period).

If anybody is REALLY clear on the new requirements for IRA's please jump in as I would also like to be absolutely sure.
 
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