Settlement date question

Discussion in 'Trading' started by newb_trading, Nov 15, 2011.

  1. I have a question on the 3 day settlement rule for my cash account. I sold my entire position Thursday last week. That same day I bought another stock. So Friday was a holiday and didn't count for a day. So does that mean I can sell the stock Wednesday (tomorrow). Or do I have to wait until the end of the third day?