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Re: cwhockey31 post# 6443

Wednesday, 04/26/2017 11:02:49 AM

Wednesday, April 26, 2017 11:02:49 AM

Post# of 191918
Are you sure you don't have funds? Some brokerages let you trade with "Available to Trade" funds, not just "Settled Cash Available to Trade Funds".

The KEY DIFFERENCE is that if you buy with "Available to Trade" funds, you can't sell that security until it settles 3 business days later. If you sell that security before settlement, you can get a trade infraction, requiring you to use "Settled Cash Available to Trade Funds" for perhaps 90 days.

If you violate that trading infraction, then they might suspend your trading altogether for some time!! Might ask your broker to see what you can or can not do. I'm just giving you some ideas...from experience!

Please consult your broker as I can't offer investment advice! It's just my opinion!
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