[{"data":1,"prerenderedAt":103},["ShallowReactive",2],{"term:day-trading":3},{"term":4,"related":90},{"id":5,"title":6,"body":7,"category":72,"description":73,"extension":74,"faq":75,"meta":76,"navigation":77,"path":78,"related":79,"seo":83,"stem":84,"takeaways":85,"__hash__":89},"terms\u002Fterms\u002Fday-trading.md","Day Trading",{"type":8,"value":9,"toc":65},"minimark",[10,15,19,22,26,38,41,45],[11,12,14],"h2",{"id":13},"understanding-day-trading","Understanding Day Trading",[16,17,18],"p",{},"Day traders aim to profit from short-term price moves and close all positions before the market closes. They often use leverage and trade frequently.",[16,20,21],{},"Studies of individual day traders consistently find that most lose money over time, once trading costs and taxes are included. U.S. margin rules for day traders changed in 2026 (see below).",[11,23,25],{"id":24},"in-2026","In 2026",[16,27,28,29,33,34,37],{},"For decades, U.S. brokers had to label anyone making four or more day trades within five business days a \"pattern day trader\" and require at least ",[30,31,32],"strong",{},"$25,000"," in the account. That rule ended on ",[30,35,36],{},"June 4, 2026",".",[16,39,40],{},"The SEC approved FINRA's replacement in April 2026. Instead of counting trades, brokers now apply intraday margin standards: you must keep enough equity to cover your actual market exposure at every point during the day. Brokers can still set stricter requirements of their own.",[11,42,44],{"id":43},"sources","Sources",[46,47,48,58],"ul",{},[49,50,51],"li",{},[52,53,57],"a",{"href":54,"rel":55},"https:\u002F\u002Fwww.finra.org\u002Fcompliance-tools\u002Fweekly-archive\u002F04152026",[56],"nofollow","FINRA: new intraday margin standards replace day-trading rules",[49,59,60],{},[52,61,64],{"href":62,"rel":63},"https:\u002F\u002Fwww.tradestation.com\u002Finsights\u002F2026\u002F05\u002F06\u002Fday-trade-rule-change\u002F",[56],"TradeStation: the end of the $25,000 day-trading minimum",{"title":66,"searchDepth":67,"depth":67,"links":68},"",2,[69,70,71],{"id":13,"depth":67,"text":14},{"id":24,"depth":67,"text":25},{"id":43,"depth":67,"text":44},"trading","Buying and selling securities within the same trading day.","md",[],{},true,"\u002Fterms\u002Fday-trading",[80,81,82],"volatility","margin","bid-ask-spread",{"title":6,"description":73},"terms\u002Fday-trading",[86,87,88],"Day trading opens and closes positions within one day.","Most individual day traders lose money over time.","Costs, taxes, and leverage add to the risk.","lrCfCheJjGgzdXtTYXaPv6Z4elVMnDIJ3cM_EMx1Kc4",[91,95,99],{"title":92,"description":93,"path":94},"Bid-Ask Spread","The difference between the highest price buyers will pay and the lowest price sellers will accept.","\u002Fterms\u002Fbid-ask-spread",{"title":96,"description":97,"path":98},"Buying on Margin","Borrowing money from a broker to buy securities, using your investments as collateral.","\u002Fterms\u002Fmargin",{"title":100,"description":101,"path":102},"Volatility","How widely an asset's price swings over time.","\u002Fterms\u002Fvolatility",1793374004909]