Hello everyone,
I use Poems 2.0 to buy/sell stocks, it's fairly confusing and I don't quite it. At the moment I'm only interested in holding long-term, so I have the cash for it. No margin selling / buying, etc. Couple of questions:
1. I put in a BUY limit order for stock X yesterday, I see it under past orders, status DONE. But the cash is not removed, nor does this appear under account management -> outstanding position. When does the cash actually get removed?
2. I just put it sell limit order for stock Y. If it does sell, when will the cash be released so that I can buy other stocks?
3. What is a a "limit order" order type? How many different order types are there?
Thank you.
I use Poems 2.0 to buy/sell stocks, it's fairly confusing and I don't quite it. At the moment I'm only interested in holding long-term, so I have the cash for it. No margin selling / buying, etc. Couple of questions:
1. I put in a BUY limit order for stock X yesterday, I see it under past orders, status DONE. But the cash is not removed, nor does this appear under account management -> outstanding position. When does the cash actually get removed?
2. I just put it sell limit order for stock Y. If it does sell, when will the cash be released so that I can buy other stocks?
3. What is a a "limit order" order type? How many different order types are there?
Thank you.
