Re:Amazon engineer will let strangers manage his $50,000 sto...
by mkhalil on Thursday July 06, 2017 @07:16PM
(#14714749)
The Financial Industry Regulatory Authority (FINRA) in the U.S. established the "pattern day trader" rule, which states that if a stock trading customer makes four or more day trades (opening and closing a position within the same day) in a five-day period the customer is considered a day trader and must maintain a minimum $25,000 account balance.
https://www.finra.org/investors/day-trading-margin-requireme...