ASB and t+3

[marknz88]

Cheers shasta and oldRider

The trade was on ASX.

And yeah it was due to the t+2 days that I wasnt able to sell them since the funds still havent been taken from my AUD account. Tomorrow morning they would have been settled however and I will be fine to sell/hold.

I was alsways under the impression that even tho the funds hadnt been settled, you could still sell and then re-buy shares as long as you did not exceed what you had in your account.

I guess I will stick to Long term plays so brokerage doesnt eat away to much at my margins, although it was fun pretending to be a day trader for a day