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Trader9999

01/06/19 6:53 PM

#50732 RE: longgoldbullion #50731

They are not rebuying right away, but I’d say they have a margin account

AJLambert

01/06/19 6:55 PM

#50733 RE: longgoldbullion #50731

I have a smaller cash account, so I don't trade on margin. I hold most of my stocks for at least a week or two, so I don't really run into that issue. True day traders that flip a stock multiple times a day would need to have a larger account, $25k+ on margin preferably. It is harder to day trade on a smaller cash account. I'm more of a swing trader than day trader.

GekkoSuit

01/06/19 7:56 PM

#50743 RE: longgoldbullion #50731

Depends on if you have more cash in the account above what you need to settle the transaction