I was interested in trying out some daily trading. Most of my networth is all set up in a brokerage account. I don’t feel like withdrawing from my account since taxes would be to much on my capital gains.
Now let’s say I open an account with robinhood with 5k can I still trade daily without meeting the standard of having 25k in an account? Or would I need 25k in my robinhood account to trade daily?
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