I don't understand how this works. You buy and must pay in 3 days and sell the next day say and you don't get the money for 3 days. You still need to cover the day while you wait to receive the cash from the sale.
At least this is how my broker works. Do others get credit for the day which the broker must cover? Does he charge interest?
thats the gap covered, page-4
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)