Just a quick question with commsec, if I buy a stock and sell on the same day for a higer price, with commsec to I need to money to cover the initial stock purchase? When buying selling different stocks on the same day my account settles the difference on T+3.
ie buy stock abc for 1.20
sell stock abc for 1.30 same day
Do I just get the proceeds of the sale? not 100% sure with commsec, I now this is riskier etc if the stock dives