### Comment:
I know but schwab doesn't limit your day trades, they just send you an angry letter after the fact, and if you have a cash account there are no limits. 
  
 &amp;#x200B; 
  
 edit: so you can exit your position and not sit there where you lose your shit

### REPLY:
this is getting down voted but you're not wrong.  I've violated a few times on etrade before and all they did was send me a warning email.

### END.