also from what i remember
someone stated you needed to have 2000 balance for a margin account
this way when you sell a stock the money is available right away
if you do not have a margin acount you will have to wait 3 days ( i think ) for the money to clear from the sale of the stock
and from what i remember, call to make sure
the daytrading rule applys to margin accounts
if you have a cash account you can trade as much as you want, no daytrading rule
but will have to wait for money to clear
but call to make sure i am right
dan
Site Information
About Us
- RonPaulForums.com is an independent grassroots outfit not officially connected to Ron Paul but dedicated to his mission. For more information see our Mission Statement.
Connect With Us