3 ms·
Does schwab? I've gotten notices for selling stock before it settles
by dillondoyle 6y ago
Does schwab? I've gotten notices for selling stock before it settles
- jdhzzz 6y agoDon't believe so. I got hellbanned for selling, buying something new, and selling that all in one day. Hey, I'm easily confused. You can sell and immediately buy with the proceeds but cannot sell the newly purchased shares until the original trades settle. Fortunately they make it easy to create new accounts and transfer from one to another. Now my banned account is empty and I'm more careful.
- dillondoyle 6y agoYikes i'm sorry. They definitely give a few chances I also don't really understand. I now always try to have extra cash inside the actual investment account. Maybe you can try to change the sell order (first in first out -> sell the oldest share first)