Posted On: 08/15/2013 11:15:40 AM
Post# of 36729
Wish I could. I have a margin account with Scottrade. They labeled me as a day trader a while back when I had money. So with Scottrade, they let me trade with only the cash I made from the day before. If I make any money during the day, I can not use it until the next day. Really f**ked up IMO. Not sure how other brokers handle margin accounts? But I can't trade with money I make today until tomorrow. It has really messed me up several times. There have been a lot of missed opportunities because I was afraid if I sell I would have to wait a day and then I may miss out.
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