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For Pattern Day Trader rules is buying 200 shares of a stock and selling 100 of the shares and then later another 100 all during the same day considered 1 or 2 Day Trades - the SEC rules seem unclear?
Wiki User
∙ 14y ago
Hi...I was just doing some research on Pattern Day Trading and think that I might have stumbled on the answer to your question! Here is the link to the site : http://www.informedtrades.com/163873-pattern-day-trader-rule.html and the answer to your question from that site: .."As a side note here, if a trader opens a position and then uses two orders to close that same trade, then this is counted as 1 daytrade."
Wiki User
∙ 14y ago
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