After Hours Trading Nasdaq
Daytrading in Pre/After Market Hours?
I have a brokerage account with a balance under $25,000 and so can only execute 3 DAY-trades within 5 business days or I will be deemed a pattern daytrader and will receive a margin call per dow/nasdaq rules. My question is, does this apply to trading in pre/after market hours? Essentially, if I buy shares during premarket hours and sell them after the market opens is this considered a daytrade?
Basically, yes.
Premarket trades are ‘counted’ as occurring on the day they are executed. Check with your broker to see how they handle after hours trades.
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