How long does it take for funds to settle for trading daily?
I'm still not too sure how good faith violations work. i already have two because I'm not exactly sure what the policy is. I've been waiting two business days to sell for this reason, but lately I've been trading short-term leveraged ETFs and would like to buy and sell once a day.
So if i did something like this, would it be a violation?
- Buy at pre-market
- sell at after-market
- Buy again at pre-market the next day the same ETF
- Sell at after-market
- Repeat every day
Does that satisfy the D-1 fund settling time without a good faith violation?
Posted Jun 1, 2026, 10:11 PM UTC
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