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Do pattern day trading issues arrive from having to many trades (4+) per week based on account or person? If I had another brokerage account at a different firm could I use this to increase the number of trades I can do in a week?

Example, buy and sell stock ABC on Wednesday, then buy and sell stock XYZ on Thursday? If XYZ purchase occurs in a different brokerage.

I would have less than $10000 in each account (not enough to qualify as a day trader in 1 account.)

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    What's wrong with being flagged as a pattern day trader? – RohitJ Jun 18 '14 at 23:52
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    It bans your account for 90 days if you have less than $25000. – Ryan Sinclair Jun 19 '14 at 2:26
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Yes, this is a way to avoid the pattern day trader regulation. The only downside being that your broker will have different commission rates and your capital will be split amongst several places.

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No, if your brokers find out about this, even though it is unlikely, you will be identified as a pattern day trader.

The regulations do not specify a per broker limit.

Also, it's like a credit history. Brokers are loosely obligated to inform other brokers that a client is a pattern day trader when transferring accounts.

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