How do you day trade without getting a GFV? (Newbie question)
Hi everyone! I've been reading and studying about day trading (and trading in general) for the past 5-6 months, I've opened an account with Webull and added $150 as starting capital for now as I'm still learning and experimenting, but if I do a trade in a day, the cash becomes unsettled, and if I go to another trade, I get a warning that I'm trading with unsettled cash and selling what I buy under 48 hours will cause a GFV violation. And it got me interested in knowing if I may have the wrong account for this or if I had done something incorrectly to be limited? or is the GFV applied to accounts under a certain capital? I'm also interested in hearing advice from both veterans and new starters alike and their experiences around this!
Thank you!