seremify007
Junior Member
Re: higher return than stockmarket?
Anyway I've since moved on from Commsec but am now looking to move to HSBC Premier E-trade since the Bell interface is not confidence inspiring, and I miss Commsec's speed and general usability. Pity the trading costs were so damn high.
Sorry missed this post before but I assure you that Commsec allows T+3 settlement and net settlement if the trades occur within 1 day. This means if you close the position within a day you're sweet, but any more than that and you better ensure you have sufficient liquidity either through online savings accounts or a LOC to cover yourself before the T+3 kicks in.i'm not 100% sure about your theory on outlay seremify, i work at a discount broker and all transactions (regardless of whether you buy and then sell before settlement, or on the same day) get credited and debited as separate transactions, hence you will get fail fee + have to find some way to have funds to match the cost of your buy.
&yeah uni pretty useless when it comes to making money on market
Anyway I've since moved on from Commsec but am now looking to move to HSBC Premier E-trade since the Bell interface is not confidence inspiring, and I miss Commsec's speed and general usability. Pity the trading costs were so damn high.
I'm significantly more than $5k per tradeIf you're only about 5k then try e-trade?