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The minimum equity requirements on any day in which you trade is $25,000. The required $25,000 must be deposited in the account prior to any day-trading activities and must be maintained at all times.
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in failure lies success. i agree that people need to be aware of the difficulty of making money by trading (medium and long term trading, just as difficult, if not more so than daytrading.) but i don’t agree that people should be prevented from trying to trade. each to his/her own.
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Income Potential: $500 per month or more within 6 months (top earners are making $13,000 per month) Consequently, only day trade what you can afford to lose, and avoid using money you need for living expenses. If you are borrowing from a firm as part of your trading activities, make sure that you fully understand the rules and the associated margin call; you must be aware of what will trigger the demand for you to deposit further cash or securities to cover possible losses. For those new to day trading, using the margin is not advisable until you have a lot of practice.
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