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What is a day trade?

A day trade is defined as a purchase and sale of the same security (US and Non-US) within the same trading day.  FINRA and NYSE instituted regulations intended to limit the amount of trading that can be done in accounts with less than $25,000 in account value.

Jason Toledo

Jason brings more than 15 years of experience in online trading. Prior to starting ToledoTrade in 2019, Jason held senior and executive level positions at Scottrade, OptionsHouse and Zacks Trade. Jason is passionate about educating self-directed traders and is a leader and expert in the online trading industry.