Unsettled Funds

OKcoin and Huobi provided margin trading that violated rules resulting in abnormal price and fluctuations.

OKcoin and Huobi provided margin trading that violated rules resulting in abnormal price and fluctuations. submitted by Butt_Cheek_Spreader to Bitcoin [link] [comments]

Questions about trading on Margin. Is there any way to get a violation similar to a free-ride if I trade too frequently? Any other traps I should be aware of?

I'm aware, of course, if my positions lose enough value that the company will call me asking for money or will start selling off assets.
The way I understand that is that if I have a margin account worth $2,000 (for simplicity), and I max it out with $4,000 in positions, then those positions tank: Once I lose $2,000 worth (50%), I suddenly have no money at all. Is that a proper understanding?
My main question though is that the whole point of a margin account was to avoid a free-ride situation. Say I sell THIS to buy THAT (buying with unsecured funds since the three-day waiting period hasn't passed), and then the next day, THAT publicly declares that 'racism is ok with us'.
So now I need to get out of this position, but can't in a cash account without incurring a free-ride. The margin account is supposed to let me out immediately, at the price of interest (since I'm borrowing the money to get me out).
Thus, the margin portion of my account should be tapped out for a few days, right? And if I tried to be stupid and buy another position immediately, my account should flat out refuse until some funds clear and I have leverage again.... or would it just lend me more money in order to allow the transaction to process immediately?
In that case, how deep does the rabbit hole go? Help and advice would be appreciated. I obviously don't want to lightning buy/sell a real fully-leveraged account until I break something; it would be better to know beforehand.
submitted by americanpegasus to investing [link] [comments]

This last month I started to take 5-6% gains instead of waiting for the “mooon”, it’s working out great from my tiny account.

submitted by thatsAChopbro to pennystocks [link] [comments]

OKcoin and Huobi provided margin trading that violated rules resulting in abnormal price and fluctuations.

OKcoin and Huobi provided margin trading that violated rules resulting in abnormal price and fluctuations. submitted by BitcoinAllBot to BitcoinAll [link] [comments]

So am I able to buy stocks since I have 10k in buying power, or would I get a strike of some kind because does 10k are unsettled?

So am I able to buy stocks since I have 10k in buying power, or would I get a strike of some kind because does 10k are unsettled? submitted by TACOTRUCK9000 to Webull [link] [comments]

I fucked up with penny stocks

I was watching the market for 2 years. Never had money. I was there for Tesla and apple and many more but with no money..... but hey. I finally started trading in AUGUST....So I'm down like 30% on my portfolio and it sucks. Many here have further proven my claims that from March-June, it was a party for ya'll. And in typical 2020 fashion, I happen to show up when it's over. Just got out of $HMHC, lost over $50 of my $400 that was left.....
submitted by Apennyis1cent to pennystocks [link] [comments]

Question about pattern day trading and 90 day rule

I’ve recently been flagged as a pattern day trading. It says for 90 days I won’t be able to buy normally. But also if you have $25k that doesn’t apply and you can continue as normal.
Now I do have $25k invested but I’m just wondering if I were to drop below that will the 90 day rule initiate? Or has the 90 day rule already started but it just doesn’t effect me because I have the required amount invested?
Like let’s say over 90 days have passed by and one day my accounts drop below $25k, will the 90 day rule be over by then or will the countdown have just started?
submitted by questforanswerz to investing [link] [comments]

Are there any fees for stock splits or not?

I'm wondering if there are any stock split fees when a stock merges or splits? I thought there was a 40 dollar fee. I want to buy apple stock before the split?
submitted by Apennyis1cent to Fidelity [link] [comments]

ZN AH gains

How much do you guys think this will run? No funds on webull i can use sucks just seeing it sky rocket. Anyone doing a RH opening play
submitted by CulturalArmadillo4 to pennystocks [link] [comments]

Can someone explain margin. Have some VERY specific questions I can't find online.

I've been using a cash account until today. I was approved for the margin feature on my account. I only have 300 dollars, I ca't use margin because I don't have 2k.
Here is the question: I have 0 dollars in settled cash. Can I day trade still with no money on settled cash on a margin account? I know you get a violation if you do this on a cash account, but how about margin? I will use my own cash since I can't borrow money
submitted by Apennyis1cent to stocks [link] [comments]

As a beginner,trading penny stocks has been an arduous journey. How did you improve as a beginner?

My first stock trade ever was Tonix Pharmaceuticals, ticker symbol $TNXP. I put in a market order expecting the stock to rise at least 20%. As it would turn out, $1.50 was the peak of the stocks run and I lost around 30% of my underlying securities value and sold at a huge loss.
My second stock trade was Prona Biotechnology Ltd, ticker symbol $ATHE. I saw it skyrocket during pre-market hours. It was up 150%. Wow! Unfortunately, my broker doesn't allow for pre-market trading at 4 am but rather 7 am. Fine. I then waited until I could put in a limit order for $ATHE and so I did. By the time I looked back, the stock was up 250%. I FOMOed because of the $5 price tag it was now at(it closed at $1.50 the day before).
I believed $ATHE it would go to $7 or so when the market would open because it jumped all the way to $6.15 at pre-market, so i bought at 4.98..... next thing I knew, it's plummeting all the way down to $4.15 five minutes later. I tried selling at a break even point and even put in a limit sell at $5. $ATHE then jumped to $5.75 but there was one problem, MY ORDER NEVER EXECUTED. I don't know why considering the fact my limit order was 5, but that's what happened. I was down 35% the next day(today)and sold at a loss evident of it's current price.
Should I just stop trading penny stocks? I have a relative small account of 300 dollars when comparing to others. Really passionate about trading. What helped you when you were first starting out, its been difficult to trade these penny stocks. What made you improve?
P.S. I'd like to specify how bad a cash account has been. Anyone using Fidelity know the difference between "cash available to trade" and "settled funds"? Charles Schwab gives you margin account when you sign up, even if you don't have 2k. But fidelity makes you wait a week to see you're improved. I was denied, so what's the best course of action here?
Edit: My account has received a trade violation and if I do it one more time, it wont allow me to trade with anything but settled funds for 90 days. I know what this means, but can someone explain more in depths. Specifically the difference between "settled cash" and "cash available to trade"?
submitted by Apennyis1cent to pennystocks [link] [comments]

$IDEX Fraud Investigation

http://www.globenewswire.com/news-release/2020/06/26/2054143/0/en/SHAREHOLDER-ALERT-Block-Leviton-LLP-Investigating-Ideanomics-Inc-for-Possible-Securities-Laws-Violations-Investors-Who-Lost-Money-Should-Contact-the-Firm.html
Ideanomics is now being investigated for possible securities fraud. Can't say I didn't try to warn you guys. The report I made is very similar in its criticisms of the company. There was also an article written about the company being a scam all the way back in February.
https://www.choresearch.com/2020/02/19/ideanomics-idex-is-almost-borderline-fraud-making-it-a-compelling-short-for-bears/
This has nothing to do with these people being paid to publish this material or to benefit their short position. If you have ever read an IDEX 10-K report you would have seen all of the signs. There isn't even any info online about the majority of the businesses they claim to have made deals or partnerships with.
http://app.quotemedia.com/data/downloadFiling?webmasterId=101533&ref=114881292&type=HTML&formType=10-K&dateFiled=2020-03-16&cik=0000837852&CK=837852&symbol=0000837852&companyName=Ideanomics%2C+Inc.
They literally say in their last 10-k:
" Although the Company may attempt to raise funds by issuing debt or equity instruments, in the future additional financing may not be available to the Company on terms acceptable to the Company or at all or such resources may not be received in a timely manner. If the Company is unable to raise additional capital when required or on acceptable terms, the Company may be required to scale back or to discontinue certain operations, scale back or discontinue the development of new business lines, reduce headcount, sell assets, file for bankruptcy, reorganize, merge with another entity, or cease operations. "
That is what a business in distress sounds like. Then we look at the finances and find their debt to be $249M. They have never had a year with positive cash flow.
They paid $40M for 51% of Treeletrik. Valuing the company's assets at $26M and paying the remaining $14M in goodwill. Reading further we see: "Tree Technologies had not commenced operations as of the acquisition date, therefore pro forma results as if the acquisition had occurred as of January 1, 2018, and related information, are not presented. " They have $23M in goodwill on the balance sheet under assets. Goodwill is the premium/extra amount spent on acquiring a business. That is an outrageous amount for the types of businesses they bought, especially considering the biggest purchase was for a company that was not even operating when they bought it. They paid so much because they have the rights to build an EV plant on land. That is literally all they have. No operations, buildings, workforce, pipeline. Just land use rights.
They spent $40M on a company that has not even begun operating yet?! LOL
Then look for all the mentions of transactions with "affiliates" of Dr. Wu or other directors. Sketchy.
$61M loss on crypto coins. They had $260M in revenue through their oil trading business and made a gross profit of $26,000. Of course they lost money elsewhere and posted a net loss on the year, but why on earth would any decent company get rid of any business that is doing $200M+ in revenue? That is the most important part of any business since margins can be tweaked. The $260M in oil revenue was also attributed to business affiliates of a director.
Their consumer electronics business brought in $40M in revenue and $40M in GROSS PROFIT and they also got rid of that business to focus on EVs? These guys don't know WTF they are doing. They got rid of the only two business that have ever had any potential.
All the signs were there. This is why it is not beneficial to be so emotional in your trading. IDEX was just the flavor of the month. These penny stocks are for trading, not investing. You will get burned investing on hype
I guarantee we will see another stock emerge as the next best thing and when people start talking about how it is a long term investment, that is the time to short it.
Please read through the 10-k and see for yourself if they are an investment worthy company. I hope you guys decide to cut your losses instead of holding bags back to $0.50
submitted by Stox4all to pennystocks [link] [comments]

Question

On Robinhood you can sell a stoc and then get right into another stock, is that the same for webull or do I have to wait a couple of days
submitted by mxracer187 to Webull [link] [comments]

Please r/stocks, I have a VERY specific question/situation with account types and what rules apply to them. Thank you!

So when I got approved for margin by accident(never had 2k in my account), I soon got a good faith violation in this margin account by trading with no settled funds all the time, which was unexpected. I thought that you would never have to wait for cash settlements in a margin account. I've been studying days with this but have a VERY important question. I called them but still don't get it.

Here is the question:

I really hope anyone knows the answer to this. Using fidelity, when I go to the trade page to buy or sell a stock, I'm allowed to buy and sell stocks with either "type margin" or "type cash". I always use "type cash" because it says I need 2k for "type margin". Who cares, this isn't the question I mainly have.
Please /stocks! I want to really know this: if I trade with "type margin" I would be working off of margin rules ONLY correct? So if I buy with margin, there would be no good faith violations or free riding right?
And subsequently, if I were to trade with "type cash" would I now be working off of a cash account rules ONLY correct? This means that I could day trade unlimited but with only settled cash? If I buy a stock with "type cash", there would be no PDT rule correct even if I day trade 5 times because when you buy a stock in a margin account with "type cash", you're automatically playing with a cash account again even if you're in a margin account in this instance. When you trade with "type cash" it at least means your trade is based on cash account rules meaning no PDT risk for buying and selling with "type cash" in the margin account. Only risk is getting a good faith violation and free riding violation?
I really want to know the answer to both underlined paragraphs, please. Thank you, it's immensely appreciated! Please don't miss the question, I really need an answer, thank you.
submitted by Apennyis1cent to stocks [link] [comments]

Day trading protections - do most brokerages lock you into positions?

Does anyone have experience with day trading protections and whether or not it is common for a brokerage to allow you to open positions only to then prevent you from selling them due to these protections? Seems that the protection should come on the buy side, no?
submitted by SailorSoane to algotrading [link] [comments]

I still don't get it. I have a margin account and yet received two warnings of having my account restricted. Please, anyone aware of this?? I appreciate it!!

This is the message I received. I've researched a lot about how the PDT works and all the violations and such.
A trading violation has occurred due to trading activity in your cash account in which securities were sold before payment was received. Please be aware that accounts with three good faith violations in a 12-month period will be restricted to trading using settled cash for 90 calendar days.
I saw that I got my margin enabled at Friday and bought stock that day and the day before, Thursday, I sold a stock on my cash account. I do not have 2k in the margin enabled account and I've used all my PDTs on Monday by day trading the same stock 3 times. Am I still under GFV if I use cash in a margin account? I need clarification about this, please.
I checked what restrictions I've received on my account in the restriction section of my broker. It said I had one free ride I got a week ago which I was aware of. But here's the thing: 0 GFVs! I see that a second column has appeared called "margin account" too.
I'd like to also point out that a new column has appeared in my "trades restrictions and violations" section. Now I see 3 new violation columns that appeared: "day trade designation", "day trade liquidations" and "liquidation violations". I have 0 in everything and am a "non pattern". This is a new column that says margin account on the top and like I've said, I've seen all these new abilities and options in my account, so I'm sure I have a margin account.
Messages take the broker days to send and they seem to lag too.
Is it possible that the messages I've received are outdated or wrong?
submitted by Apennyis1cent to pennystocks [link] [comments]

PDT rule: cash vs margin account question

I understand the PDT rule. With under 25k in your account you can't day trade more then 3 times in a 5 day rolling period.
Is this rule only appmy for margin accounts?
If I deactivate my margin account and just use a cash (my own liquid cash, yes I know I can't short sell) can I day trade as much as I want even with under 25k?
Is there any wait time to use that cash you made in this day trades on the cash account? If so, so long does it take to settle?
Thanks!
submitted by Samadams9292 to pennystocks [link] [comments]

I still don't get it. I have a margin account and yet received two warnings of having my account restricted. Please, anyone aware of this??

This is the message I received. I've researched a lot about how the PDT works and all the violations and such.
A trading violation has occurred due to trading activity in your cash account in which securities were sold before payment was received. Please be aware that accounts with three good faith violations in a 12-month period will be restricted to trading using settled cash for 90 calendar days.
I saw that I got my margin enabled at Friday and bought stock that day and the day before, Thursday, I sold a stock on my cash account. I do not have 2k in the margin enabled account and I've used all my PDTs on Monday by day trading the same stock 3 times. Am I still under GFV if I use cash in a margin account? I need clarification about this, please.
I checked what restrictions I've received on my account in the restriction section of my broker. It said I had one free ride I got a week ago which I was aware of. But here's the thing: 0 GFVs! I see that a second column has appeared called "margin account" too.
I'd like to also point out that a new column has appeared in my "trades restrictions and violations" section. Now I see 3 new violations columns that appear: "day trade designation", "day trade liquidations" and liquidation violations. I have 0 in everything and am a "non pattern". This is a new column that says margin account on the top and like I've said, I see all these new abilities and options in my account, so I'm sure I have a margin account.
Messages take the broker days to send and they seem to lag too.
Is it possible that the messages I've received are outdated or wrong?
submitted by Apennyis1cent to Daytrading [link] [comments]

Disabling Margin Trading on TDAmeritrade

I started trading with options recently. I had opened a TDAmeritrade account and was approved for Margin trading with Standard Cash trading level. Cash sweep is enabled on my account too.
I only make trades with the money in my account and feel like I won't ever want to trade with margin and would be really annoyed if I was charged interest. Maybe that will change in the future as I become a more experienced options trader. For now though:
  1. Are there any downsides with disabling options trading?
  2. With a cash sweep account and margin trading disabled, will my cash in sweep account be readily available for trading or would I have to somehow sweep it back for trading?
  3. If I want to do spreads in the near future, would a margin account be needed for it?
  4. Do I just contact customer service to disable margin trading? Don't see an option to do it myself.
Edit: Added questions for using Margin account
If I truly need margin account, my follow up questions are:
  1. If I always use cash that is in my account (even though it is in a sweep vehicle) for trades, I should never be charged interest correct?
  2. Do I need to maintain some minimum cash balance to maintain margin status?
Thanks!
submitted by code_name_47 to options [link] [comments]

TD Ameritrade Cash Alternatives

I've been a trader for just under two months, making a few trades but just recently I sold a stock and instead of the money being available to trade, it went to cash alternatives. Now through my 5 minutes of googling I found out the money will settle in 3 days and all will be good. But I was wondering why it happened to this trade specifically and not my other trades? Some things to note about this trade: I was using money that I just put into the account like maybe a day ago, also I used substantially more money than my previous trades. Does some of these factor in to why my money went into cash alternatives?
submitted by kid_az to investing [link] [comments]

Day Trading with a Cash account

I must have missed the memo on this, but TD Ameritrade effectively killed day trading on cash accounts by making the T+2 apply on selling and not allowing a day trade without incurring a good faith violation.
Apparently this went into effect in June and their current work around to make sure you won't be hit with a violation is to check the amount you're able to transfer out of the account before making the trade. So the "Stock Buying Power" isn't an accurate reflection of what you can use to trade.
I was hit with a violation on Monday and called to hear the change in their system. They say that the government is making them do this because of the volatility in the Market.
Anyone know if other brokerage companies are doing this?
It basically forced me to switch to a Margin account so I don't have to deal with this BS. My suspicion is that this is a ploy to have people switch to Margin accounts since cash accounts give them little to no opportunity to make any money.
Anyone have any thoughts on this?
submitted by knowwonder to tdameritrade [link] [comments]

Effect of leverage

hi, first of all I don't know a lot about investing, but I was thinking on investing on a x4 leveraged product that I think will perform well.
So I know that leverage amplifies both profit and loss but does it have an effect on a daily basis or only when I sell.
For example: if I buy a 100$ stock at a 4:1 leverage and it goes up by 10% on day one then it becomes 140$ I guess. Then on day two it goes down by 20% so the 140$ become 60$ because of the 4:1 ratio Does it work that way?
or is it so that if I buy at 100$ and after going up and down after a month it's gone up by 50% so at 4:1 leverage it's a 200$ increase?
what I mean is : does the leverage only take effect at the time of selling?
I don't know if I managed to express my question clearly, thanks in advance
submitted by matsuhirato to investing [link] [comments]

E*Trade Capital Markets Violation. Bart Chilton Confirms Silver Manipulation and JP Morgan Short Position Margin Account vs Cash Account: Which is right for you ... What is safe Trading (Margin or Backup) Complete guide by Asif Raza (Hindi/Urdu) How To Get Around The PDT Rule with a Small Account - YouTube

Trading without fully settled cash in a non-margin account can violate the Federal Reserve Board’s Regulation T ; Know the three most common cash account trading violations ; Margin accounts can help avoid cash trading missteps This trade violation is the result of buying a security which creates a Cash Account debit or Margin Account Fed Call, and then covering the amount due by selling another security the following trade date or later. Example: Day 1 $100 settled credit Day 1 Buy 100 ABC @ 10 Day 3 Sell 100 XYZ @ 20 The purchase of ABC results in a $900 debit balance. Margin account trading violations Along with strict equity requirements, margin accounts impose additional trading and day trading rules that you need to understand to avoid violations. If you use your margin account to purchase and sell the same security on the same business day, those transactions qualify as day trades. Trading on margin is when you use borrowed funds to increase your trading capital. For overnight positions, the standard margin is two to one. If you are day trading the standard overnight leverage is four to one. This means if you have an account value of thirty thousand, you will be able to trade up to 120 thousand during the day. ... Before placing your first trade, you will need to decide whether you plan to trade on a cash basis or on margin. In this lesson, we will review the trading rules and violations that pertain to cash account trading.. As the term implies, a cash account requires that you pay for all purchases in full by the settlement date.

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E*Trade Capital Markets Violation.

Securities LawCast©- Legal & Compliance, LLC- E*Trade Capital Markets Violation. E*Trade Capital Markets Violation. On October 9, 2014, the Securities and Ex... Penny Stock Basics: Cash or Margin Account for Trading? - Duration: 4:30. Timothy Sykes 17,997 views. 4:30. How to Grow a Small Trading Account - Duration: 9:03. Decisive Trading 53,771 views. My first margin violation (they liquidated my position!) It happened. My broker liquidated partially my position because of a margin regulation T violation. But I did not violate the margin rules ... Dosto is video me aap ki guidance kay liay Margin or Backup trading dono kay concept ko clear kar dia gaya hai. Video ko start se end tak lazmi watch karen, Shukria. Backup trading by plusbizgroup ... Bart talked about the violations of the law he witnessed, his efforts to bring about stricter manipulation standards, and the transfer of large silver positions during the J.P. Morgan-#BearStearns ...

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