Tuesday, August 9, 2011

3 day fund settlement rule.?

as long as you have a balance in your account to cover what you are buying you can keep buying and selling. don't worry about the 3 day rule. and they won't let you buy more than you have in your account anyway. you can't buy $5000 worth of stock and only have $3000 in your account. the day trading rule is you can't day trade more than 3 times in a 5 business day time period unless you have more than $25k in your account. if you have more than 25K you can do anything you like anytime you like

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