I learned a valuable lesson today. If you go in with 90% of your account on a trade or trades, and then you sell the stock, you will be unable to trade shares for a few days until your cash settles. I was lucky that I actualy turned a profit and that I was able to sell. The down side is that now I can only afford about 4 shares of penny stocks until my cash settles. The reason for this? if I were to try and sell any stocks that I purchased before my cash was settled, it would cause a good faith violation with my broker. I don't have enough settled cash to cover the purchase even though I have a couple thousand in my account. I made this mistake previously and wound up keeping Beyond Meat longer than anticipated and took a loss due to having unsettled cash lower than the cost of what I paid for the stocks. At the time I didn't understand what was going on and thought it was just because my transfer hadn't cleared completely or something.

 

Lesson learned.