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Re: Schmedrickk post# 64646

Saturday, 08/01/2009 8:46:09 PM

Saturday, August 01, 2009 8:46:09 PM

Post# of 127409
I don't have a margin account...just cash account...the first purchase is cash settled in 3 days ...once in the trading account the flipping is unlimited as long as you have a + cash position at all times...just sell then buy then repeat. Once in the trading account funds/transactions are deemed to be cleared immediately...if you go to take them out of the trading account it takes 3 days to clear.