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I am using Robinhood and wondering how day trading is triggered and how first-in-first-out (FIFO) selling order works.

I bought GME stock yesterday and bought GME stock today. If I sell 1 GME share today, will it trigger day trading even though the GME stock that would be sold is technically the one I bought yesterday (because of FIFO)?

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    Pretty gutsy to buy GME both yesterday and today.
    – D Stanley
    Jan 27 at 18:30
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    💎🙌 🚀🌙 To the moon.
    – user105949
    Jan 28 at 19:16
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Day Trading rules and lot selection are completely independent. Robinhood spells out the rules pretty clearly:

When you buy and then sell the same stock or open and close the same options contract(s) within a single trading day, you’ve made a day trade.

FIFO and other lot selection rules are only for tax purposes to determine the cost basis for stocks that are sold. If you've bought and sold the same stock in one day (regardless of whether you already owned shares of the stock) it's considered a "day trade"

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