What is a day trade?
A day trade is when buying and selling (or selling short and buying to cover) the same security on the same trade date. Pre-market and after-hours trading on the same trading day will also be taken into account.
How are day trades counted?
Day trades are counted based on the opening transaction and whether that opening transaction was closed out on the same day. Please note that positions held overnight and closed out the next day prior to opening a new position in the same security, are not considered a day trade.
Examples for Day Trade Count