Day Tradexchange Inc. (SYNJ)

[MetalHead]

Guys, here is the deal about using the funds for flipping.

Example with TDA:

1. I buy a stock.
2. Hold the stock for 3 days (clearing)
3. Sell the stock on day 4
4. Have immediate availability of the funds (because the BUY was cleared)

I can not buy a stock, but if i sell it, I will not have the funds until the BUY was cleared (3 days). This is with TDA with full margin to buy/sell(short), write options.

Scottrade is different.