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

How to Know When to Buy, Sell or Hold Stocks
Andrew Moran
December 23, 2024

The Best Appreciating Assets to Invest In
Filip Dimkovski
June 15, 2021

The Difference Between Swing Trading and Day Trading
Andrew Moran
December 30, 2021
Related Posts
Filip Dimkovski
All You Need to Know About the Over 25k Day-Trading Rule
Filip Dimkovski
Best Indicators for Forex Day Trading
Andrew Moran
How Much Does a Pattern Day Trader Make?
Andrew Moran
How to Day Trade Without 25k
Andrew Moran
The PDT Rule: Why You Need 25k to Day Trade
Can't find what you're looking for?