Lindfield, sorry; T + 3 = the usual Trade + 3 days to settlement. In order to not to pay for the trade, 3 days after large spikes most traders want to / need to exit the position and ready to dump the stock at sometimes losing prices to not to get called by the broker: "Pay up buddy!"
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- daytrade diaries... february 9
daytrade diaries... february 9, page-161
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