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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: VinWood who wrote (32724)9/5/2000 10:54:33 AM
From: debby  Read Replies (1) | Respond to of 50167
 
I have a ira brokerage acct with Brown @ Co, they allow buying and selling of the same stock as many times as you want,( at least so far.) I don't have margin on this acct, but I remember reading that its not allowed on iras. I love brown @ co, they update immed and only charge $5 for a market order. hope this helps



To: VinWood who wrote (32724)9/5/2000 8:58:11 PM
From: HoodBuilder  Respond to of 50167
 
Vin,

I got the same "Daytrading letter" from Dreyfus. I say ignore it. You only need to be concerned if you are maxed out on your cash account. Be sure to have enough cash to buy any stock you place an order for without having to sell a stock already in your account. This will avoid a red flag.

I have kept an account at Dreyfus for 2 reasons, they allow me to trade options in my SEP/IRA and they accept stops on option orders.

It's not the most full featured site but the items I listed above are not easily found with other brokers.

Regards