I have zero day trades left, what if i buy?

[stasbz]

Hello!
i have 0 day trades left. if i buy and sell the same day, what problems can i have?

 

[TASK]

Hello!
i have 0 day trades left. if i buy and sell the same day, what problems can i have?

your account will get frozen by your brokerage and they'll ask you to deposit a certain amount.

 

[wackypete2]

your account will get frozen by your brokerage and they'll ask you to deposit a certain amount.

You'll have to bring you account up to $25,000 minimum equity or be suspended for 90 days except for closing transactions.

Peter

 

[stasbz]

zero day trades left - if i buy 10/sell 9 stocks

Hello!
Please answer.
i have now zero day trades left. i dont have 25000dollars. what if i buy 10 SPY, but sell 9 SPY the same day?
in that case will be my account suspended for 90 days ?

 

[wackypete2]

Your broker might be doing you a favor by suspending your account. You can use that time to figure out what you are doing.

Peter