@vrobert wrote:
You get marked as a PTD at the brokerage if those requirements are met. You made it sound like I need to do something per the IRS.
PDT and trader status involve different standards and anyone who tells you differently is just wrong.
Again, PDT is a FINRA thing relating to margin requirements while trader status is an IRS thing relating to a person's frequency and type of involvement in the activity of trading.
Just because you are considered to be a PDT by your brokerage (per FINRA) does not necessarily mean you would have trader status in the view of the IRS.
