I have a question about the way you can trade on a cash account:
I know that if you have lets say a $1,000 account and you buy $1,000 worth of ABC stock and sell them on the same day say Monday from when you bought them, assuming you didn’t gain or lose anything, you wont be able to trade that $1,000 until Thursday so the trading day +2 days
If I buy $1,000 Worth of ABC on Friday and sell them on the same day, will the funds clear on Monday? will I be able to trade on Monday? Or that doesn’t count as trading days and I wont be able to trade until Friday (trading day) +2 trading days so will I be able to trade again on Wednesday instead?