Multiple trades and settlement in electronic trading platforms


2 0
I have been doing some reading about brokerages and what they do. One common denominator in all is that they offer a software you can use to place trades. I liked etrade and i am curious about how i would use it.

Lets say i see a trade that can make me some money real quick. Say i spot one at 20.10 that can go to 20.40 in the course of the day. So i buy at 20.10 and sell when its at 20.40

My question is, when i click sell at 20.40, do they sell instantly and money made available plus the profit i made immediately into my account?

Second question, can i use the money i earned to make other stock purchases?

So i guess, my big question is, does etrade and other brokerage software deposit the profit immediately to my account?

AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock