stealthands

@kroyrunner Hey Tim. I'm thinking about switching my broker to Suretrader and am curious if all penny stocks take 2-3 days for your money to settle after closing a trade or if its just my broker. If I can trade again instantly after exiting my position it would be worth avoiding the PDT rule but if not I'd rather keep my money in the US.

kroyrunner
kroyrunner Mar 25, 15 10:50 AM

the 2-3 day settlement would be because you have a cash account, if you have a margin account this is no longer an issue. i'm not sure how it works at suretrader, or if they even offer cash accounts, but just open a margin account somewhere and you'll solve that problem

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