Tag Archives: Restriction

How Can I Sell A Stock A Buy On The Same Day Without Getting A 90 Day Restriction Period?

I currently have a cash account, will upgrading to a margin account sole this problem?
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Online Broker And 90 Day Restriction?

I started day trading with $3,000 and built it up to $43,000 in equity in only 6 weeks time by buying and selling individual stocks. The firm started giving me a day trading buying power recently with a higher amount. I used some day trading power and sold the positions the next day. They told [...]
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Is There Restriction By Irs On Number Of Capital Gain Transactions (reported In 1099b) For Efiling My Reurn?

I have got to include about 1700 capital gain/loss transactions as reported by my broker in 1099-B. I used TaxCut software (H&R Block product) to prepare my individual return. But when I wanted to Efile the return there is a message that since I have got more than 250 entries of capital gain transactions, I [...]
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How Long Does It Take To Get A Restriction 144 Lifted ?

Ok, I have shares that have a restriction 144 on them. I have gone through the waiting period and instructed my broker to have the restriction lifted. I have filled out all the forms necessary, and was told that by the broker that their paralegal would handle it from here. As far as I know, [...]
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Scottrade Day Trading Restriction- Stock Market?

Alright well I have a Margin account with Scottrade and recently violated the 3 day trade in a 5 day period rule. This was my first offense and they said I am going to be restricted from Margin for 90 days. I need this margin, so what are my options. Should I open another account [...]
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