Recent content by Kat-Man-Do

This morning all is well. The account shows fully available. It all had to do with a position held overnight, and some sort of "morning balance" thing they have. It doesn't make sense to me why they would do that. It is like they won't let you trade with the increased profit of the day...

I am waiting until the morning to see if it just had to do with the overnight trade, and the starting morning account balance. I will post an update.

I tried to reply but I guess I am not active yet.

My broker is Trade King. I believe this has to do with a large position held overnight, so that the morning cash balance was low. For some reason, I guess they only look at the morning balance which doesn't quite make sense to me. I sold the stock this morning which means the cash is back in...

Hello to all! New to the forum, so I hope this question is in the right forum. I did a quick search and could not really find an answer. I am trying to find a broker that is friendly to day trading. I will trade in and out of 2 stocks 2-6 times per day (meaning 4-12 buy/sell), depending on...