Jackie Treehorn
<Gold Donor>
Total novice here, but I heard Robinhood doesn't let you buy/sell the same day unless it's over 25k? So if I buy AMC today, I have to wait until tomorrow? I'm starting to read up on all this before investing, but what would be a easy to use platform that would allow Buy/sell and such for someone starting out with like $1k meme money.
You can’t repeatedly buy and sell if you get marked as a pattern day trader with an account worth less than $25k. It’s something like 4 day trades over a 5 day period or something.
if you get marked as that and don’t have $25k it’ll restrict you from buying for a period of time but you can still sell.