I have a cash account and currently I am on a 90 day restriction for another 60 days. Apparently I committed a violation by selling one stock, buying another and selling that one all in the same day. I understand the three day settlement rule now, but my question is once my restriction is over will I be able to sell a stock and buy another in the same day, as long as I was in the first stock more than three days and stay in the new for at least three days? What type of account do investors have that allow them to make round trips multiple times a day?
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