Day trades left t ... t+4
Again, this 50% requirement is called the "Reg T" amount; it is also called the "Fed Call." You now have three business days (not counting the trade date) to get the $5,000 check to your broker. The day you place the trade, your account would show that you have $10,000 worth of stock and a Fed Call of $5,000. sharekhan.com, your guide to financial jungle