Hello, I’m a novice who just activated his account. My currency is RON from Romania. My question is :
Can I buy and sell the same stock the same day multiple times without penalties? I heard about the penalty day trade rule, and I wanted to ask here if I should be concerned.
Also, when I withdraw funds into my bank debit account, do I receive the entire sum? Do I get taxed? Assuming I am in romania, which is in the eu, do I have to pay taxes to my government separately?
Meaning, after I receive the money transfer from trading 212 to my bank account, can I use that money as I please? Or do I have to declare it as profit so it can be taxed?
Also, I really want to get the hang of this world, and I want to study as much as possible. If you have any suggestions for books or YouTube channels or anything that would help me, that would be greatly appreciated
Thank you alot