posted
I got hit with the 90 day restriction, is there anyway I can get it lifted??
-------------------- “Money itself isn't lost or made, it's simply transferred from one perception to another." Posts: 540 | Registered: Mar 2006
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posted
bought and sold a stock in one day, with unsettled funds...
-------------------- “Money itself isn't lost or made, it's simply transferred from one perception to another." Posts: 540 | Registered: Mar 2006
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posted
i need this thing lifted, its gonna kill my summer profits
-------------------- “Money itself isn't lost or made, it's simply transferred from one perception to another." Posts: 540 | Registered: Mar 2006
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posted
Baltrader, Who is your broker? Etrade restricted me...said I did the same thing...I called them and pretty much got no where...the only thing that you can do is get the funds in the account to cover it...or go to a margin account...
I was in the process of starting with a new broker...choicetrade, when all this happened...although I am appealing it...they said it would be 30 days...(I already had already had the funds deposited in my account...long story)that is next Wednseday...and still nothin..but it doesn't cost anything or hurt to have 2 or more trading accounts...with different brokers..or the same...you have a couple of choices...GLTY!!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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posted
Thanks for the help guys, although i am not in a position to be able to cover my investment. I'll write a moving e-mail and see where that gets me..
-------------------- “Money itself isn't lost or made, it's simply transferred from one perception to another." Posts: 540 | Registered: Mar 2006
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posted
Here's a rule I just found out. If you buy in to stock at say 10:00 and buy again at noon, then sell at close the same day it counts as two round trips, not one.
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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posted
how long after the free-ride trade did they hit you with the restriction if you don't mind me asking?
Posts: 135 | From: Northern New Jersey | Registered: May 2006
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posted
Well, had to be within that day, may have even been right after I sold... I was away, had a sell limit up.
-------------------- “Money itself isn't lost or made, it's simply transferred from one perception to another." Posts: 540 | Registered: Mar 2006
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