Question about Trading Stocks in a CASH ACCOUNT?
ok i have a question about cash accounts and the three day rule. if i have $10,000 in my account and buy and sell $5,000 worth of stock in one day do i have to wait three days to trade again or can i buy/sell with the other $5,000 in my account that i did not use? thanks
Public Comments
1. You can use the remaining amount before it settles. Trust me, the broker is NOT going to let you over-draft that.
2. AIG was be a best stock to invest if you plan to invest for a long term, because AIG is too big to fail and beside AIG no longer need government bailout money. if you invest in AIG are now you returning profit is 10-30 times in 3-5 years.