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Day Trader status with under 25k, how is it done?

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Day Trader status with under 25k, how is it done?

Postby jhonrtin » Sat Sep 10, 2011 8:04 pm

Hello all, how can I daytrade with 3k and not be affected by the PDT rule?

I know all about the PDT rule, the 25k requirement, and the 3 daytrades in a 5 day rolling business period etc.

I have paper traded for about a year, and have a profitable trading record, but I only have about 3k that I could trade with.

I've done a lot of research on this but I know there must be another way.
Are there alternate ways or instruments I can use to trade stocks through as a daytrader though?

I've looked at futures and forex, I'm set on stocks.

Thank you so much for your reply.
jhonrtin
 
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Re: Day Trader status with under 25k, how is it done?

Postby Haley12 » Fri Apr 13, 2012 9:56 am

I am not well familiar with PDT rules but forex trading may be good choice for you.
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Haley12
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