What are day trading rules for a cash account?

Answer There are a number of rules that severely restrict or prohibit most regular day trading activities in cash accounts.Day tradingDay trading is the practice of buying and selling the same security wi... Read More »

Top Q&A For: What are day trading rules for a cash account

What are the rules of day trading?

Pattern day traders buy and sell financial investments on the same business day more than four times in a period of five business days. Amendments to regulations issued by both the National Associa... Read More »

Can I Have Cash Sent to My Daughter's Checking Account for a Cash Advance?

You can use a cash advance to access money from the available credit on your credit card or by taking out a payday cash advance loan. You cannot have funds electronically sent from your credit card... Read More »

The Difference Between a Trading Account and a Manufacturing Account?

Trading accounts and manufacturing accounts are two very different accounts but are used together in manufacturing companies. The balance from a manufacturing account is used to calculate the balan... Read More »

What is a trading account?

Trading accounts are essential tools for buying, selling and storing stocks, foreign currencies and securities. Trading accounts serve a function of convenience by helping investors keep track of t... Read More »