Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Wade who wrote (11762)	11/23/2009 10:59:02 PM
From: posthumousone	Read Replies (1) of 48092

My regular trading account has no money or stocks becasue I took all of the stock certificates. What I am trading are several IRA accounts, which have no margin allowed, therefore, I have to sell a stock after the cash which I used to buy it is settled in the previous trade. Otherwise, I will be ban from buying for 3 months. I went to this kind of panelty box twice in the last two years. So, I am not very mobile in trading. Only sell those stock has settled. It is pain of the neck. >>> Yeah why the heck does it take 3 days to settle a trade? How are you suppose to know when it settles? I would much rather trade in an IRA account but the 3 or whatever day rule makes it difficult!

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