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day trading definition
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if i buy 10 stocks on monday and sell the same on tuesday (different trading day) would i be considered a day trader? no. it is only counting if you buy something and then sell that same something during the same trading session. and that counter only lasts for 5 days, things that happened outside of that time period get removed from the counter. if the counter reaches a number (three to five, depending on the broker), then you are labelled as a pattern day trader, and will have your trading capabilities severely restricted unless you have an account size greater than $25,000
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