Business, Legal & Accounting Glossary
Pattern Day Trader is an SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Pattern Day Trader are sourced/syndicated and enhanced from:
This glossary post was last updated: 23rd March, 2020 | 0 Views.