One Response

  1. Matt K
    Matt K April 17, 2009 at 2:18 AM |

    If you are attempting to trade in a cash account, then there are Federal regulations that restict the timing of those trades. These are not Scottrade’s rules. Any SIPC broker must comply with them.

    If you truly want to daytrade, then yes, you need to open a margin.
    References :

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