How to unlock 4th day trade robinhood
What to do after a pattern day trade restriction?
this is market moves coming at you and
we're gonna do another video on Robin
Hood just explaining the pattern day
trading restriction and what happens
when people get flagged because I got
flagged for no apparent reason to my
count was completely closed and this has
been happening to many people for no
reason so I'm gonna put this information
out there so you can be educated and
know what to do if you're issued a
pattern day trader call right here I
have the email from Robin Hood stating
what happened in my account and also
stating that they can't do anything once
the account is flagged and restricted
for 90 days they cannot remove it for
some reason so what we're gonna do today
in this video is explain what pattern
day trading is what happens if you get
called and flagged and what happens when
that restriction comes because this
happened to me and I did not have
anything under 25km my accounts so I
should be never flagged as a pattern day
trader because I have more than 25k so
first we're gonna go through the email
the email States
unfortunately on 1115 you exceeded your
day trade limit and you're issued a day
trade call so the day trade limit is
when you are surpassing your for pattern
day trades so this is where you trade a
stock or option back and forth in one
day four or more times in the last five
days so five days you go back and forth
in one day on a stock buy and sell four
times so this flagged me this is a day
trade limit is the day trade call this
call restricted your account from
placing day trades so the next day I
woke up I saw this call so right here is
an example of the pattern day trading it
basically states if you make an extra
day trade you're gonna be flagged if you
don't have more than 25k in your account
closing that day so you've seen my
videos you know I'd have more than 25k
in that account I had up to 45 K at one
point because I turned 3,000 dollars
into 45 thousand in three months and
this is all shown live I'll link that
video in the top right so next through
the
emailed said on 11:18 you place an
additional day trade that restricted my
account and made me restricted for 90
days I can only close positions during
those 90 days the pattern here goes once
you get the day trade warning the day
trade call if you make another day trade
your account as restricted that's what I
did my account was restricted it said
here the Apple warned you blah blah blah
and it did warn me I didn't do anything
about it I just went away and traded my
stocks they pretty much disregarded it
because I said I have more than 25 cases
obviously a mistake on their part so
basically I went on placed another day
trade and they restricted my account for
90 days and then they said here
unfortunately we are unable to remove
the restriction before 90 days is over
so I have no Robin Hood account for 90
days for no reason and there's nothing
they can do about it so this has been
happening to everybody and their mother
and I just want to put this video out so
you guys know so I'm putting this video
out so you can understand what happens
if you go through this process I'm gonna
go next to fidelity comm they explain
what should happen and this has been
happening to many people so this is
obviously a mistake on Robin Hood's app
so what should happen is pattern day
trader her designation requires a
minimum margin equity plus cash of
twenty five thousand dollars at all
times or it will be issued a day trade
minimum equity call so if you day trade
back and forth and your account falls
below 25k and let's say it's 22 K the
next morning it's gonna ask you to
deposit three thousand dollars and if
you don't you're placed on this
restriction where you can't buy and sell
on that day no more day trades for you
until you get above 25 K and the biggest
thing here is if you're always above 25
K you should never ever get any type of
restriction any type of messages you
should be able to day trade and we'll
just go through the next process does
the restriction we talked about it
basically lets you not do any more day
trades until you deposit you get that
day trade call and
down here is the day trade restriction
effective so this is where you can
remove it so there's two ways to remove
it basically you put enough money to get
into twenty five thousand dollars or you
wait 90 days and this one says sixty
days this is basically if you didn't
trade during that day trade call if you
do you have to wait 90 days so there's
two ways you can remove it one of them
you have to have 25k over your account
level and that will be able to allow you
to day trade
unfortunately they said they were unable
to remove through restriction until
ninety days is over so they should be
able to do that and they can't this is
the big fall of Robin Hood and I know
plenty of people on Twitter have been
tweeting at me saying this has happened
to them I'm moving my money and you
should too if you are day trading on
Robin Hood if you use this platform
professionally to trade get off it now
go to thinkorswim go to fidelity go to e
trade find something that has reliable
customer service because you can't
afford to miss a day trading in this
market this is all I got market moves
signing off peace
![🔰Robinhood App Pattern Day Trader | Day Trading Stocks with Less Than $25k in RobinhoodApp [Part 1]](https://img.youtube.com/vi/fUj7CS9V33E/mqdefault.jpg)