should i be concerned that i ve been flagged as a pattern day trader 
not necessarily but you will face certain account restrictions or requirements under financial industry regulatory authority finra rules customers designated pattern day traders by their broker must have at least 25 000 in their accounts and can only trade in margin accounts if the account falls below that requirement then the pattern day trader will not be permitted to day trade until the account is restored to the 25 000 minimum equity level the margin rule applies to day trading in any security including options 1i am not trading as frequently anymore so why is my broker still flagging me in general once your account has been flagged by your broker as a pattern day trader they will continue to regard you as a pattern day trader even if you do not day trade for a while this is because the firm will have a reasonable belief that you are a pattern day trader based on your prior trading activities however if you have decided to reduce or cease your day trading activities you should contact your brokerage to discuss the appropriate coding of your account 1the bottom linethe label of pattern day trader pdt applies to people who carry out four or more day trades in a five business day span using their margin account if your brokerage firm classifies you as a pdt based on your trading activity you become subject to additional requirements such as maintaining equity of at least 25 000 in your margin account if the equity in a pdt s account falls below this amount their broker may prohibit them from trading until the minimum balance is restored 