Which is Correct?

[Maverick88]

When looking at a quote on quotetracker it says ask:0.20 then when I look on TD Ameritrade is say ask:0.22 which is correct?

[Dr PennyStock]

If you have your QT connected with your tdameritrade account, they must be the same.

[Maverick88]

Yes I do, you are given the choice at the beginning of signup correct? You log on to quotetracker using your TD Ameritrade account. The only thing I did not opt for was executing trades through quotetracker. I checked right now and they were the same but, a few minutes ago they were different, seems TD always has a higher asking.

A side question, I just opened my TDAmeritrade account and it says you have $2000 in your balance for trading, and withdrawal. However it will not allow me to place an order.

[Maverick88]

Yes I do, you are given the choice at the beginning of signup correct? You log on to quotetracker using your TD Ameritrade account. The only thing I did not opt for was executing trades through quotetracker. I checked right now and they were the same but, a few minutes ago they were different, seems TD always has a higher asking.

A side question, I just opened my TDAmeritrade account and it says you have $2000 in your balance for trading, and withdrawal. However it will not allow me to place an order. Do I have to wait a certian amoutn of time? I transferred money in directly from my bank account.

[Dr PennyStock]

If it says that the funds are available for trading, I have no idea why you can't trade, just send them an email from inside your account, usually they respond very fast, within an hour or less.

[Jayhawk]

TDAmeritrade will not allow you to trade penny stocks until 3 or 5 business days or so.  I had the same issue when i initially opened mine.  Like doc said, send them an email or call for better explanation.

[jotuk6771]

TDAmeritrade will not allow you to trade penny stocks until 3 or 5 business days or so.  I had the same issue when i initially opened mine.  Like doc said, send them an email or call for better explanation.

All these stupid restrictions...     Go to Zecco!!!   

[Vegas]

Yes I do, you are given the choice at the beginning of signup correct? You log on to quotetracker using your TD Ameritrade account. The only thing I did not opt for was executing trades through quotetracker. I checked right now and they were the same but, a few minutes ago they were different, seems TD always has a higher asking.

A side question, I just opened my TDAmeritrade account and it says you have $2000 in your balance for trading, and withdrawal. However it will not allow me to place an order. Do I have to wait a certian amoutn of time? I transferred money in directly from my bank account.

If you just deposited the funds via electronic transfer, there is a three day waiting period for the funds to clear before you are authorized to trade.

[Maverick88]

Silly question would that be after the 3 days or on the 3rd? I opened it on sunday and my account looks like this:

Cash balance   $0.00   
Money market   $2,000.00   
Avail. funds for trading   $2,000.00   
Avail. for withdrawal   $2,000.00   
Non-marginable funds   $0.00   
Account value   $2,000.00

Could the problem be that I opened a cash account? if so how would I go about changing to a cash,margin? Just calling in? I e-mailed them yesterday and no reply yet.

Sorry for all the questions.