T traderdon56 Feb 11, 2006 #1 Can anyone tell me why I can't sell stocks short in my IRA? I know it's an FTC rule, but what's the reason behind the rule? Thanks- Don
Can anyone tell me why I can't sell stocks short in my IRA? I know it's an FTC rule, but what's the reason behind the rule? Thanks- Don
G gkishot Feb 11, 2006 #2 Because trading on margin is not allowed in IRA accounts. In other words no borrowing - only trading with your own money. After all this is a retirement account & trading with borrowed money is considered to be too risky strategy.
Because trading on margin is not allowed in IRA accounts. In other words no borrowing - only trading with your own money. After all this is a retirement account & trading with borrowed money is considered to be too risky strategy.
N nkhoi Feb 11, 2006 #3 yes you can short in IRA, http://elitetrader.com/vb/showthread.php?s=&threadid=62605&perpage=6&pagenumber=4
yes you can short in IRA, http://elitetrader.com/vb/showthread.php?s=&threadid=62605&perpage=6&pagenumber=4
T traderdon56 Feb 12, 2006 #4 Thank guys. I went to Investopedia.com and found what I was looking for. Don-
