I've been trading for nearly half a year, buying and selling stocks the same day through a local brokerage firm (I'm not from the U.S or Europe). No issues.
I wanted to improve to a better platform with more tools to help me day trade with my cash account. I've suddenly came across the terms T+2 and unsettled funds.. Neither were an issue with my local brokerage firm, and I read conflicting things on the web. Let's say I purchased 100 shares for 20k, and sold them for a 600$ profit that same day. Now I want to purchase 100 shares of another stock on that same day aswell; am I restricted from doing so? If so, how come? Thanks!
Submitted November 03, 2017 at 11:11PM by Limpidawn http://ift.tt/2lOjbB9
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