If you are day trading you need $25K or more. We don’t suggest trying to circumvent the PDT (pattern day trading) requirements since you will often find yourself “handcuffed.” Day trading is hard enough without painting yourself into a corner. Build your account slowly and you will get there. Swing traders can start with smaller accounts, but you should not allocate more than 5% of your account to any one position.
How much money do I need?
April 6, 2022