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thegaminginvestor

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thegaminginvestor

Re: norcalgold post# 7719

Wednesday, 03/05/2014 10:14:02 PM

Wednesday, March 05, 2014 10:14:02 PM

Post# of 138739
You know how it takes three days for your money to settle when you sell a stock? Well, if you buy a stock with that money, then sell it, it's considered a free ride under SEC regulations.

Different institutions treat it differently, for example scottrade, who I'm with, allows two free ride warnings before giving you a 90 day restriction.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
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  • 5Y
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