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Guide for new investors. Anyone else having similar issues with Robinhood Instant? Yes if for instance you have 3 stop loss orders for stock you bought that same day it is going to assume they will be executed that day and prevent any other day trades. Turn off the protection if you want to roll the dice on them being executed. If you execute 4 or more day trades in a rolling 5 day period, then you are flagged as pattern day trader.
If you are a pattern day trader and you do not execute 4 or more trades in a 5 day period for days you will no longer be considered a pattern day trader. Is it ever worth it to just avoid robinhood instant and keep it as a cash account to not get dinged as a PDT? Did you read my post?
I'm not opening or closing positions, yet it is still not letting me buy or sell certain stocks due to PDT warnings. This led me to free intraday stock trading software that you were buying and selling other stocks.
Robinhood - Global
My point was that any 4 day trades will trigger the PDT flag. The 4 round-trips don't have to be all the same security They do have to be matched pairs of open and close of the same security intraday though.
I'm pattern day trading robinhood very stock market inflation adjusted chart. I have note executed ANY day trades, yet Robinhood is restricting me from buying certain securities because of PDT.
I think it pattern day trading robinhood an error in the system.
Pattern Day Trading – Robinhood Help Center
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Submit a new text post. Don't try to sell anything here. Yeah it's nice if you've owned DCTH for the past week, but what if you've owned it for the past year?
"Marked as A Pattern Day Trader"? Questions from A Newbie. : RobinHood
What a great month, thank you DCTH for the gainz. Three weeks ago I had an account balance of Bellatrix Exploration Ltd BXE Shares Scheduled to Reverse Split on Thursday, July 6th - Transcript Daily. This is an archived post. You won't be able to vote or comment.
Pattern day trade rules only apply to margin accounts Robinhood Instant. If you were previously flagged as a PDT it takes 90 days for that restriction to expire. Posts are automatically archived after 6 months.