So I got on board the nugt train rather late today at 61.85. I realized after an hour it wouldn't go much higher so I tried to set a limit sell for 62.50 but I was greeted by this message: "You are attempting to sell a security that was purchased all or in part with unsettled funds that have yet to settle. If you place this order, your account may be in violation of regulation T and could be restricted for a period of 90 days. To proceed with this order, please contact us at 1-877-495-5464. (via TradeKing)" I kind of understand what they're saying (using unsettled funds) and here is a pic of my recent trades (http://ift.tt/1T8u4Hu). There must be a way around this though right? Would Oanda be much better for higher trading frequency? Or is it just that the lower minimum deposit brokerages don't allow day trading ? thanks for any helpful answers
Submitted February 24, 2016 at 11:32PM by daemonika http://ift.tt/21sMkwg
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