Is No Day Trading Limitation

[trader_david]

IF I TRADE INDEX FUTURE? NOT LIKE STOCK TRADING, THERE IS PATTERN DAY TRADER RULE?

 

[Compulsive]

no

 

[vrtrop22]

There is no pattern day trade rules.......but that doesn't mean that you should be thinking you can turn 5k into 50k in a month. It is better to be capitalized and trade conservatively.

 

[nazzdack]

Your clearing firm may demand that you deposit $25,000 or more in your account. :eek:

 

[trader_david]

bought 1 contract of YM at 7816, sold it at 8033 today.

today's market is awesome.

 

[vrtrop22]

congrats. keep on making that money