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> America is great. Online gambling is illegal but you can have an app to punt the market all day

Not all day. If you have less than 25k you are subject to pattern day trading restrictions.

I guess, if you have money, anything goes.

Isn't that only with non-cash accounts?

Yes PDT restrictions only apply to margin accounts.

Indeed.

But now you need to wait for the cash to settle, which takes about two days.

Options trades settle the following day, not +2 like shares.

TIL

Thanks!