Selling and Buying a Stock on the Same Day

[billbose 10]

My brokerage account is below what is minimum required to day trading. Keeping that in mind, is it acceptable/not against rules to 'Sell and Buy' a particular stock within the same day. Please remember, this is not about 'Buy and Sell' which I already know its against the rules.

[Cory2679 11]

My brokerage account is below what is minimum required to day trading. Keeping that in mind, is it acceptable/not against rules to 'Sell and Buy' a particular stock within the same day. Please remember, this is not about 'Buy and Sell' which I already know its against the rules.

 

I would imagine buying and selling is buying and selling, no matter what order you do it in, as far as the SEC day trading regulations are concerned...

 

Just my .I'm honestly not 100% sure, though.

[brownsfan019 17]

Pattern Day Trader Rule - NASD Rule 2520 Day Trading Rule

 

Pattern day trader - Wikipedia, the free encyclopedia

[Cory2679 11]

"A day trade is just a buy and sell (or short sell and buy to cover) of the same stock in one trading day." -- a quote from brownsfan's link...

[billbose 10]

Thanks very much for all the answers.

[Dinerotrader 10]

FWIW

I was dealing with these issues a while back. TDameritrade keeps a count for you so you know when you are about to break the rule which is nice. I also had 3 other trading accounts at another broker that I could use so that I could trade more often.