F furjaw Aug 5, 2012 #1 OptionsHouse.com suspended my account for 90 days for day trading. My account balance never dropped below $35,000. I do not understand.
OptionsHouse.com suspended my account for 90 days for day trading. My account balance never dropped below $35,000. I do not understand.
T thunderbolttr Aug 5, 2012 #2 Did you exceed your buying power such as, for example, buying non-marginable stocks using margin?
F furjaw Aug 5, 2012 #3 Quote from thunderbolttr: Did you exceed your buying power such as, for example, buying non-marginable stocks using margin? More... I don't think so. I just opened an account with SogoTrade.com. Free trades for 30 days. $3 per trade thereafter. Let's say that I do 4 day trades in one week. Then I would identified as a Pattern Day Trader. Then what?
Quote from thunderbolttr: Did you exceed your buying power such as, for example, buying non-marginable stocks using margin? More... I don't think so. I just opened an account with SogoTrade.com. Free trades for 30 days. $3 per trade thereafter. Let's say that I do 4 day trades in one week. Then I would identified as a Pattern Day Trader. Then what?
