I have Scottrade and got approved for $9.99 flat rate on all penny stocks since I day trade so much, before that it would cost me a couple of hundred to get in and out of a penny stock.
Hey Craig.....can you make buys and sell that same day then? Isn't that considered day trading? I just wanna be able to play the dips like everyone does here and sell by the end of the day and bank my profits. Will Scot trade allow you to do this with the margin account you set up today? Also do you have to keep a minimum 2k cash balance in the account?
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