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 Can buy today and sell tomorrow ?, Sorry, newbie here

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TSvodka
post Jun 3 2008, 02:52 PM, updated 18y ago

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Hi all,

Please dont kill me, I'm a newbie here blush.gif

Let say today (Tues) I buy some stock and I haven't pay yet (we given 3 days time frame to make the payment right). That stock increased on tomorrow (Wed) or on Thurs, can I sell those stock (as I havent pay yet) ?

Thank You
WaCKy-Angel
post Jun 3 2008, 02:52 PM

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yes u can....
And u dont have to fork out even 1cent.
tinkerbel
post Jun 3 2008, 02:53 PM

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@vodka,
Yes U can but U will lose $ cause U haven't made enough profits to offset remisier/commission charges [assuming U haven't generated enough profits to cover commission charges]

If U sell within the same day, Ur commission charge is lower.

This post has been edited by tinkerbel: Jun 3 2008, 02:54 PM
cherroy
post Jun 3 2008, 03:39 PM

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Can use this thread for general question asking. http://forum.lowyat.net/topic/609001/+60
Don't need to create a topic specifically.

Thank you.
Cheers.

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