You can buy and sell on the same day as long as your funds are settled. You can buy with unsettled funds just do not sell before they settle because that is considered a "free ride" although this sounds good "they" do frown on it.
Gotcha. Good that you brought that to his attention. Have you ever had any trouble with TDAmeritrade? What do they charge per trade? Maybe I should switch. If I could make 1 more round trip trade per week, that could be very useful. Thanks for the info in advance. GLTY