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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year
PSFT 0.00010000.0%Oct 29 5:00 PM EST

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To: Raptor who wrote (1964)8/28/1998 11:49:00 AM
From: V3  Read Replies (2) of 4509
 
Would someone be kind and patient enough to explain to me whether the following rules from SURETRADE customer homepage is unique to SURETRADE only or not? My prior broker was E-Trade and I've never experienced this type of problems before and I find this extremely frustrating. :(

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8.Daytrading/Cash Account- If you have purchased and then sold the same security today in your cash account, exhausting the total available cash in your account, then you will be unable to place additional trades in your cash account for the remainder of the trading day. The funds will be available for trading again tomorrow.

9.Daytrading/Margin Account- If you have purchased and then sold the same security today, exhausting the available buying power in your account, then you will be unable to re-purchase that security again today. You may purchase other securities today in your margin account.
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Currently Very UNSURE,
Robin
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