Unable to Trade OTC Market On Fidelity? Error 340036

A Fidelity customer recently attempted to trade penny stocks on OTC (Over-the-counter) markets during pre-market hours and received the following error message:

(340036) Market and Limit buy and sell orders of stocks and ETFs in dollars a…

VGT vs. QQQ: Which Tech ETF Is Better?

In the world of tech stocks, the two leading names are Apple and Microsoft. While some investors may prefer to buy individual stocks, others want an easier way to invest in the overall sector. If that’s the case for you, consider buying shares of one of these two ETFs: Vanguard Information Technology Index (VGT) or … Read more

Fidelity Error (013911) Your account is limited to settled funds

Are you getting a “(013911) Your account is limited to settled funds for opening cash transactions…” error on Fidelity? Here’s the rest of the message, “…and therefore buy orders must be limit orders. Please use a limit order to prevent the trade from exceeding your settled cash.” Error (013911) occurred on Fidelity when your account … Read more

Fidelity Net Insider Shares Bought Screener

insider buying stock screener

Fidelity customers can easily track insider buying through a screener called Net Insider Shares Bought. This screener shows the number of shares purchased by a company’s director, officer, or executive. Large insider purchases are noteworthy because they show that the insider has confidence in the company and anticipates that their stock price will rise. How … Read more

How to Remove Pattern Day Trader Status on Fidelity

A day trade occurs when you buy and sell a security on the same trading day. Fidelity defines a pattern day trader as any customer who executes four or more “day trades” within five business days.
Once you reach this limit, a Pattern Day T…