Day Trading, How?, page-2

  1. 3,305 Posts.
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    Yeah it does depend on your broker, each one can be a bit different. My kiwi broker does allow me to trade in and out without worrying about T+2, and I know many aussie brokers are the same. If I want to withdraw funds and transfer to my bank account after selling I have to wait for the T+2 to clear, but that's really the only real restriction I can think of. Otherwise I can pretty much buy shares again with those funds immeadiately after selling shares. I don't use margin or CFD's.

    I'm sure someone around here has a better idea of with brokers allow you to skirt T+2, it's just another level of difficulty that makes like that much harder for retail traders.
 
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