This isn’t exciting stuff, but it’s important information for a lot of new traders. If all you are doing is trading Wanderer trade alerts you won’t ever run into problems with the Day Trader rules, but if you begin trading options or getting more active in your stock trading, this could come into play. This text comes from here, FINRA Rules. What it comes down to is that you do not want to get labeled … read more Trading Basics—Pattern Day Trader Rules