Posted by: tyrannyoflogic January 18, 2011
A question for pennystock gurus here in sajha
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I have been trading penny and subpenny stocks for about eight months now and have decent returns so far and i was wanting to push it up a notch without the 25k required for daytrading and without being labeled a pattern daytrader

can i open multiple broker accounts and daytrade within the limits of 3 daytrade in 5 consecutive days , heres my scenario

Monday        1 daytrade(zecco)
Tuesday      1daytrade(etrade)
Wednesday   1 daytrade(zecco)
Thursday       1daytrade(etrade)
Friday            1daytrade(zecco)

Monday       1daytrade(etrade)
Tuesday      none
Wednesday  none
Thursday   none
Friday       none

Monday   same as first week
Tuesday
Wednesday
Thursday
Friday

I appreciate the help and suggestions
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