How can a US resident get around pattern day trade rules on futures trading?
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DislikedHow can a US resident get around pattern day trade rules on futures trading?Ignored
Dislikedhttp://www.alexandragloss.blogg.no Day Trade: any trade pair wherein a position in a US security (Stocks, Stock and Index Options, Warrants, T-Bills, Bonds, or Single Stock Futures) is increased ("opened") and thereafter decreased ("closed") within the same trading session. Pattern Day Trader: someone who effects 4 or more Day Trades within a 5 business day period. A trader who executes 4 or more day trades in this time is deemed to be exhibiting a pattern of day trading and is thereafter subject to the PDT restrictions. In order to day...Ignored