SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (40426)2/16/2000 2:18:00 PM
From: dennis michael patterson  Read Replies (3) | Respond to of 99985
 
and yet I am allowed to use a broker and do precisely that: sell xyz and immediately buy ABC. Why? I'd really like to know.



To: Elroy Jetson who wrote (40426)2/16/2000 2:29:00 PM
From: OX  Read Replies (1) | Respond to of 99985
 
the rule is that you can sell shares purchased on a previous day and use those proceeds it to buy new shares that same day,
but if you bot new shares and sold the same day, the sale proceeds cannot be re-used till the following day.
it has nothing to do w/ 3day settlement, but w/ use of margin (as you correctly pointed out)


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News