Allstocks.com's Bulletin Board: Day Trading?

This is topic Day Trading? in forum General Investing Topics at Allstocks.com's Bulletin Board.

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Posted by coalkickin on :

Hey guys..newbie here with a question. I just opened an account with Lowtrade. It mentioned not being able to buy/sell same day. Does this mean if I jump on a stock in the morning and it makes a nice run...I CAN'T sell same day and take the quick profit? Thank you in advance

Posted by Bob Frey on :

Ask your broker to be sure but yes you should be able to sell but will not be able to use the money from the sale for 3 days until funds settle.

Posted by keithsan on :

unless you get a margin account