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Old 04-01-2007, 09:27 PM
baseballeyeq baseballeyeq is offline
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This member is the original thread starter. Re: Question about trade (stock) settlements...

So the "T3" rule does not apply to daytraders with $25,000/$30,000 in their account. Therefore daytraders with that balance are able to trade an umlimited number of times during a day without being subject to any "3 day" settlement restrictions. Correct?

Thanks for the reply.

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