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To: Jon L Wesner who wrote (1749)12/11/1997 2:26:00 PM
From: TFF  Respond to of 12617
 
Jon: same day.



To: Jon L Wesner who wrote (1749)12/11/1997 3:07:00 PM
From: dpl  Read Replies (2) | Respond to of 12617
 
It differs on the broker.I trade at Fidelity and when you daytrade,in reality,you are not even using your money.
What happens is their computers can only calculate accounts at the end of the day.If you buy stock and even margin you will not be charged interest and your money will still earn it's interest for the day in it's money market.

David