When day trading, should I wait for the cash to settle in the account before I buy again?
Asked 4 years ago
Once you get a 25k account, I understand that I gain unlimited day trades, but do you have to wait for the cash to settle in the account before you buy again?
Andia Rispah Igobwa
Wednesday, May 19, 2021
Most day trades take two days to settle.
Therefore, to avoid a good faith violation, you should wait for two business days before using the money to buy another security.
To be on the safe side, should you buy a new stock, don't sell it before settlement.
Please follow our Community Guidelines
Related Articles

In Which Countries Is eToro Available?
Andrew Moran
December 22, 2024

Fortrade: A Forex and CFD Trading Platform Review
Filip Dimkovski
July 23, 2021

How to Change the Leverage on MT4
Andrew Moran
December 23, 2024
Related Posts
Andrew Moran
How to Day Trade Without 25k
Filip Dimkovski
All You Need to Know About the Over 25k Day-Trading Rule
Andrew Moran
The PDT Rule: Why You Need 25k to Day Trade
Filip Dimkovski
Best Indicators for Forex Day Trading
Andrew Moran
How Much Does a Pattern Day Trader Make?
Can't find what you're looking for?