Thanks to both of you for your replies. I think I understand now, but can somebody please confirm that this is correct:
If I start the day with $25k in a margin account and we assume that stock prices aren’t changing for some odd reason, then I could (in theory) buy $100k worth of stock shares...
Can somebody please explain how traders avoid stock trade settlement violations while scalp trading?
For example, let’s say that I start the day with $100,000 in my account. During the 1st minute of trading I buy 1000 shares of ABC, Inc. at $100.00 per share. The 2nd minute I successfully...