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Smith James · Mar 14, 2017

How Much Money Do I Need To Start Day Trading?

T0rm3nted · Mar 14, 2017

$25,000. See below.

The rules adopt the term "pattern day trader," which includes any margin customer that day trades (buys then sells or sells short then buys the same security on the same day) four or more times in five business days, provided the number of day trades are more than six percent of the customer's total trading activity for that same five-day period. Under the rules, a pattern day trader must maintain minimum equity of $25,000 on any day that the customer day trades. The required minimum equity must be in the account prior to any day-trading activities. If the account falls below the $25,000 requirement, the pattern day trader will not be permitted to day trade until the account is restored to the $25,000 minimum equity level.
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http://www.finra.org/investors/day-trading-margin-requirements-know-rules

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