Recent content by karateadult

Yes, this is what I want to do. When you buy new stock with unsettled money like this using a margin account, is this the same thing as when you buy stock on margin or is it different but only allowed with a margin account? I don't want to be risking more than I put down I just want to be able...

How about a margin account with less thank $25k? If I have a margin account, could I make a buy on monday, sell it on tuesday and buy another stock the same day, sell that wednesday and buy another one later that day? From how I interpret the pattern day-trader definition, this doesn't seem...

I was under the impression that if I have a cash account and use all of that cash to buy "x" stock and then sell it shortly after, I would need to wait until that sale clears before I have any money to use on a new trade. Is this not the case? I found this in a google search, is it accurate...

I'm glad you were able to help someone new to the forum out without every post dripping with sarcasm and condescension. A lesser forum-goer would not have such restraint and I do thank you honestly for your input.

There is a thing called pattern day trading in the US at least, if you execute four or more “day trades” within five business days then you need a margin account with at least $25k in it. Also, if I sell stock and buy another before that trade clears then that is free-riding.

Great, so how often can I trade? I have traded stocks before as a hobby, but nothing serious. I would just like to do this with some extra money and try to learn as I go. I guess what I am looking to do is not super short term trading but not long term either. Ideally I would like to find a...

Sure that works if you can identify a trend, but a big stable stock to has a high/low maybe 3% apart and stays roughly the same every day would be a good way to make 3% as often as you could trade, I would think. Anyway, do you know the answer to my question of how often can I trade without...

I have a pretty good job and not a lot of expenses. What I would like to do eventually is to learn to day trade, but I before then I would like to try a less extreme version of trading. I would like to trade a very high volume stock, say coca cola or something, and just buy at what looks like...