Comments on: can you buy and sell stocks in the same trading day? http://www.theolaptrader.com/technical-indicators/can-you-buy-and-sell-stocks-in-the-same-trading-day/ Candlesticks | Harmonics | Charts & More! Fri, 03 Feb 2012 19:12:20 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: amazonbobcat http://www.theolaptrader.com/technical-indicators/can-you-buy-and-sell-stocks-in-the-same-trading-day/comment-page-1/#comment-930 amazonbobcat Mon, 10 May 2010 00:00:31 +0000 http://www.theolaptrader.com/technical-indicators/can-you-buy-and-sell-stocks-in-the-same-trading-day/#comment-930 Yeah, robe hit it right on the head. Just to add to what he said, there's an additional form you have to fill out and hand in to your branch office to get margin privileges. It's available on the Scottrate website. I believe the minimum requirement is $500 to open a margin account, and unless you have $25,000 or more, you will be limited to 3 day trades per week. If you exceed this number, you will be labeled a "pattern day trader" and your account activity will be restricted. Yeah, robe hit it right on the head.

Just to add to what he said, there’s an additional form you have to fill out and hand in to your branch office to get margin privileges. It’s available on the Scottrate website. I believe the minimum requirement is $500 to open a margin account, and unless you have $25,000 or more, you will be limited to 3 day trades per week. If you exceed this number, you will be labeled a "pattern day trader" and your account activity will be restricted.

]]> By: robe http://www.theolaptrader.com/technical-indicators/can-you-buy-and-sell-stocks-in-the-same-trading-day/comment-page-1/#comment-931 robe Mon, 10 May 2010 00:00:31 +0000 http://www.theolaptrader.com/technical-indicators/can-you-buy-and-sell-stocks-in-the-same-trading-day/#comment-931 Yes. Day trading. You can use a margin account with a minimum investment of 25,000 cash, or you can use non-margined accounts. The margin accounts recycle immediately. The non-margined money must wait 3 days before being available for investment again Yes. Day trading. You can use a margin account with a minimum investment of 25,000 cash, or you can use non-margined accounts. The margin accounts recycle immediately. The non-margined money must wait 3 days before being available for investment again

]]> By: wealthkeeper http://www.theolaptrader.com/technical-indicators/can-you-buy-and-sell-stocks-in-the-same-trading-day/comment-page-1/#comment-932 wealthkeeper Mon, 10 May 2010 00:00:31 +0000 http://www.theolaptrader.com/technical-indicators/can-you-buy-and-sell-stocks-in-the-same-trading-day/#comment-932 if you can afford to lose day trading takes a lot of guts if you can afford to lose
day trading takes a lot of guts

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