What would be considered day trading in an IRA? does it have to be the same stock traded, bought and sold in the same day? I do trade in my IRA, I will hold a stock for at least 2 days before selling. if I bought APPL, CIT, and BAC on one day, held them for 2 days or more, then sold one or two and bought BA, CAT, LVLT. Would that be considered day trading? Would trading back and forth between stocks within a week be allowed within an IRA?
It would be easier to answer if you explained the real question. I sthis about being marked as a pattern Day trader? that ha snothing to do with an IRA, just with transactions and account balance. I day trade in my IRA all the time, no big deal. Nothing in IRA rules says you can't.
Most would consider what you are talking about day trading. however, it normally depends on your broker. They usually have specific rules for what a day trader is, and is not.