The rules adopt the term "pattern day trader," which includes any margin customer that day trades (buys then sells or sells short then buys the same security on the same day) four or more times in five business days. 

Subscribe https://www.youtube.com/c/carterfarr

*

Podcast: https://anchor.fm/daytrading

*

Books: 

Active Trader: https://amzn.to/2I7Dpgv

Swing Trader: https://amzn.to/2NBcvDI

*

*

Chat Room: https://discord.gg/RAnCPPj

Support this podcast: https://anchor.fm/carterfarrpodcast/support