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Subject:  Re: Daytrader Date:  4/19/2004  10:24 PM
Author:  Capcon Number:  25211 of 36748

My understanding is if you trade in and out of any security (buy and sell) in the same day and you repeat this activity on that particular stock four times within "a rolling 5 business day period", you can be classed as a pattern daytrader

Is that 5 times for one stock or 5 day trades total (any stocks) in a rolling 5 day period?
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