Please be advised that a margin account holder will be flagged as a pattern day trader if he/she executes more than three day trades within five consecutive trading days. If you are flagged as a pattern day trader and your account is below $25,000, your account will be restricted from entering new positions. If you cannot meet the minimum requirements, then you will no longer be able to day trade. If you can meet the minimum requirements to qualify as a day trading account and decide to set your account as such, there is no limit as to the number of day trades that can be placed.