0
It really depends on what type of an account you have and how frequently you are trading the same stock. These are not Scottrade policies or rules but rather regulatory rules that apply to all brokerage firms.
If you have a margin account with more than $25,000 in total equity in it you can trade any stock as much as you want and as frequently as you want.
If you have a margin account with less than $25,000 in it than you can have 3 round trips in 5 business days. A round trip is opening a closing a position in the same day.
If you don't have margin at all than settled funds vs unsettled funds can become an issue if you are trading actively in a cash/non margined account. If you purchase a stock with settled funds you can sell it whenever you would like. If you purchase a stock with unsettled funds certain restrictions may apply to avoid a Regulation T violation.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What companies offer cheap stock trading?
The companies that offer cheap stock trading are Scottrade, Optionshouse, SogoTrade, E*trade, and TradeKing. There are many more companies but these are the top 5.
What are some good online stock trading platforms in the US?
There are many good online stock trading platforms in the US. They include Scottrade, TD Ameritrade, E*Trade, Fidelity, Charles Schwab, Sharebuilder and TradeKing.
What companies offer personal stock trade accounts?
There are many online brokerages that offer personal stock trade accounts. Some companies offer online trading such as, Scottrade, eTrade and ING Direct. Fidelity Investments has walk in offices located in most major cities and online trading.
Where can one find free trade brokers online?
Stock Brokers lists brokers based on their trade styles and level of experience. Scottrade offers many options for just about every kind of investing. Beginners Invest offers resources for choosing a broker and information about trading.
Where can live stock quotes be monitored?
Live stock quotes can be monitored on television channels, computer widgets, and many websites, Among them are LiveCharts, Scottrade, TD Ameritrade, and Solarwinds.
Where can I find a website to help me learn about selling stocks ?
Choose a reputable stock broker such as Wachovia, E-Trade, Fidelity, or Scottrade. There are many other companies to choose from, but those are a few to get you started. All of these companies offer free information to the newest of investors.
Where can one find an online stock quote?
There are many places where you can find stock quotes. They include Nasdaq, Scottrade, Yahoo! Finance, AOL Finance, Google Finance, MSN Finance, and eTrade.
How do I sell cheap penny stocks online?
Get on board with a stock broker such as Fidelity or Scottrade. These brokers will take care of the buying and selling with your discretion. From my understanding, Scottrade is known to be the cheaper of the two I have mentioned but there are many more brokers available that may be even cheaper.
What is the customer service number for the Scottrade stock trading website?
There are many ways one might contact the Scottrade customer service center. To call the customer service line, one must dial (800) 619-7283 or visit the official website.
Could you mention some trust websites to check the stock exchange?
There are many different websites to check the stock exchange. Scottrade is the highest rated one. They are one of the most trusted websites and they are the most reliable.
Viable method of stock and trade for income?
Scottrade is an industry leader in trading and options. Their research department and support is open 24/7, comes highly recommended by Motley Fool and has many tiers of option trading, giving you the right mix of risk and reward at all levels.
How can one trade stock options online?
You can purchase stocks via an online broker. You can also purchase mutual funds that invest in a range of stocks. You can also purchase the option to buy a stock online at another day for a fixed price - known as "options trading".
