Hello - I like to play around with stocks on e-trade and sometimes I get a notice that the stocks that I am buying, with unsettled funds, can result in a freeriding violation if I sell the stocks before the funds are settled. And if that happened, my understanding is that my account would be restricted to not using unsettled funds to purchase stocks for 90 days? Normally, I do try to purchase stocks from settled funds, so if I do happen to get one of these good faith violations, does that mean I would just be restricted to doing what I normally try to do, buy with settled funds only? Are there any other issues, like would the brokerage be mad at me for doing that? I'm not planning on making this a regular move, but I would like to know exactly what my options are if a situation arises where a one time quick sale might make sense. thanks in advance for any info!
