Ben Chuanlong Du's Blog

It is never too late to learn.

Tips on Pattern Day Trading

Things on this page are fragmentary and immature notes/thoughts of the author. Please read with your own judgement!

https://www.investopedia.com/terms/p/patterndaytrader.asp

https://forum.alpaca.markets/t/apierror-trade-denied-due-to-pattern-day-trading-protection/211

https://www.finra.org/investors/investing/investment-products/stocks/day-trading

https://alpaca.markets/support/pattern-day-trading-protection

Here are some ways to avoid it.

https://robinhood.com/us/en/support/articles/pattern-day-trade-protection/

  1. switch to cash account (does not apply to Alpaca since all Alpaca accounts are marginal accounts and cannot be turned off)
  2. have more than $25k in the account

So, the only way to solve the issue in Alpaca is to have more than $25k in your portfolio.

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