A person shouldn't be trading stocks under 5.00 with anything but a margin acct. If your balance is under 25k, you get 3 round trips within a 5 day period, You can do as many buy today sell tomorrow trades as you want. Settlement becomes irrelevant. You need to do some reading but get switched to Margin first. ST requires a balance of 2k at the time of switch. Learn to play your margin acct. and you get 3X credit without settlement at no charge for stocks under 5.00.
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