What happens if you daytrade without a margin account and the 25k minimum?

I want to buy and sell a stock the same day. What are the consequences if I only do it once or twice? I only have a cash account and not a margin.
What happens if you daytrade without a margin account and the 25k minimum?
Your brokerage may freeze your account for a period of time or put some kind of restrictions on it. Because by law in USA you are supposed to have at least 25k in your account in order to day-trade legally.


http://www.geocities.com/daytradingtutor...





But this law applies only to trading in the stock market. In currency and futures day-trading you can use as little as a few hundred dollars and a 1:100 margin.
Reply:There's too many variables to quickly answer your question. It is nuts not to have a margin account... if you're trading. The biggest advantage is to be able to ignore settlement issues.





As far as "day trading"................... there is so much to learn on this topic. Of the very few that are profitable at day trading (on a consistant basis)... most take years to learn their skill. You're about to walk into a very complicated and dangerous area. In trading.... nothing is ever as easy as it looks. Technical analysis, Money Management and trader psychology are all important. You cannot make money day trading without a good foundation in each.
Reply:Basically depends on how agressive you want to be, if your going to be aggressive you may make better returns, but you can be wiped out quicker as well.


it depends entirely on your plans expectations and understanding of the market.