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cybermich

01/08/21 10:45 AM

#64208 RE: Dusty18 #64205

If you apply for margin it solves some of the problem (money clearing to trade etc.)..

I just make sure I eventually have enough cash in the account and then when it clears it clears the "margin" amount.

Solves the "timing" issue.
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MAGA_PATRIOT

01/08/21 10:46 AM

#64209 RE: Dusty18 #64205

Yeah.... Fidelity is usually good about that, but they won't allow you purchase tickers with Stop Sign. I had to open a separate account on another platform back in March, specifically to purchase ENZC, becuase of it. Yield sign is ok, but they always take a day or two to catch up, so by Monday they should be allowing it.

However, one thing I have come across with Fidelity is that if I transfer $10K in today, they'll allow me to use it right away. However, If I was purchasing an OTC stock, the most I could buy in a single transaction is 9,999 shares (until cash clears, usually 48-72 hours later). Once I cross the 10K share barrier, it pops up with a message saying something.... My way around that was to open a "multi-trade" ticket and create 20 orders (multi-ticket only allows for up to 20 at a time) for 9,999 each, and it accepts it. Do that a bunch of times until I purchase what I need.

$ENZC