What is 'Pattern Day Trading'?

A Pattern Day Trading is when you make 4 or more 'day trade' in a rolling 5 business day period. (See FAQ 'What is a day trade' to understand this more)

Nanovest will block user on their 4th 'day trade' transaction on this case. You could also see a day trade reminder appearing for a transaction that is considered one, it will indicate how many out of 3 day trades allowed within the last 5 business days you have executed.

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