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Strategies & Market Trends : Trader J's Inner Circle
NVDA 183.78-0.6%3:59 PM EST

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To: Len who wrote (2841)12/30/1998 10:58:00 PM
From: BarbaraT  Read Replies (2) of 56535
 
1. Stop orders ... I get the same message with NDB - however it applies only to stop limit orders ... you can place stop orders (not limit)

2. The reason about the day trading is ( and this sounds ridiculous, I know) that if you buy and sell a stock in the same day, you cannot use those funds from the sale for 24 hours. Therefore, if you have a margin account ... you have the use of other funds to "trade".

3. Don't know the answer about IRA - but I have purchased something in mine only to sell it a day later. So I would imagine you can (unless there is some rule about frequency that I am unaware)
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