I use TD Trader App on my phone and TD Trade Architect on my laptop. Im new as well and i learned this morning you cant day trade on TD. I think you get a total of like 3 trades in a 5 day period. And, unless you have a margin account or only trade a small percentage of your "available cash for trading" youll only be able to do one trade until your "unsettled cash" clears.
Which takes 1 to 3 business days. I only funded 200 and used 180 on a trade so i cant trade until my unsettled cash transfers back into my available cash for trading. Just gotta learn as you go i guess because some people forget to include small details
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Most brokers will require a minimum of 25k for day trading. You can still trade up to 3 times open/close trades within a 5 day period. I've traded on unsettled funds with Scottrad, usually receiving a warning message prior to confirming the order.
I figured as much. I may have to settle for the 3 trades and work my way up.
Honestly, that restriction is making me a better trader. Good luck!
Keeps you from getting an addiction and losing it all lol thanks
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Thanks for posting! Lets us know that nobody is perfect and we all make mistakes, just gotta let it takes its course and move on to the next day!
your winning percentage is much better than mine, if I was a baseball player I would have been sent down to single A ball
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Gratz on the profit! Careful on those IPOs! You'll see those 52 week high alerts pop up a lot on FIT while it shakes out, they opened into the market this week.
Its good to learn a thing or two, thanks for the heads up!
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@TheVet3521 just became a fully transparent trader today!


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