If you buy and sell the same stock on the same day and don’t buy anything else until the settlement date, are?

you breaking the free riding rule?

NO

it would only occur if you try to buy another stock BEFORE your acct settles and teh money is replenshed. if you had the cash in yuor acct from the start, then there is no problem

Definition
# Free-riding, or free-ride trading, is a type of trade that occurs when an investor purchases stock, then sells that stock for a profit without having enough cash in the account to cover the initial stock purchase.

Read more: Stock Trading Free Ride Rules | eHow.com http://www.ehow.com/about_5299222_stock-trading-ride-rules.html#ixzz1DJIqPtBp

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