Suggestion:
Day trading requires a minimum balance of $25K to operate…otherwise the brokerage is in violation of SEC rules.
I'd imagine you also hold long positions and limit yourself to a number of day trades to minimize risk.
I do day trades here and there while swing trading is my primary driver along with a few long holds to anchor things.
Choice trade will sell positions you close out but the money from the sale will not be available for three days. Again, this isn't a brokerage-imposed complication but an SEC requirement. Commissions are $5, very reasonable.
Len
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