What is the maximum number of day trades allowed on thinkorswim for digital currencies?

3 answers

• Safe and Secure Trading CompanDec 06, 2023 · 2 years ago
  As of my knowledge, the maximum number of day trades allowed on thinkorswim for digital currencies is 3 trades within a 5-day rolling period. This is in accordance with the pattern day trading (PDT) rule enforced by the U.S. Securities and Exchange Commission (SEC). It's important to note that exceeding this limit may result in restrictions on your trading account. Make sure to familiarize yourself with the PDT rule and manage your day trades accordingly.
  459

  230
• singzeon louSep 11, 2022 · 3 years ago
  Hey there! The maximum number of day trades you can make on thinkorswim for digital currencies is limited to 3 trades within a 5-day rolling period. This rule is in place to protect traders and ensure responsible trading practices. It's always a good idea to stay informed about the regulations and guidelines set by the SEC to avoid any potential issues with your trading account. Happy trading!
  396

  132
• Batuhan SaylamJun 01, 2021 · 4 years ago
  According to my research, thinkorswim allows a maximum of 3 day trades within a 5-day rolling period for digital currencies. This rule is in line with the pattern day trading (PDT) rule set by the SEC. It's crucial to keep track of your day trades and avoid exceeding the limit to prevent any restrictions on your trading activities. Stay informed and trade responsibly!
  370

  93