Noob question: I exited an ETF position on TDA however the funds aren’t available for me to plough back in. Any suggestions on how long it takes for a trade to settle?

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A day or two. This is normal.

It’s also how you know all of these people who claim to be in and out of positions with magical timing are lairs.

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Settlement date is T+2 (usually it’s every other day unless you get a free riding violation)

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FYI free riding is trading with unsettled cash (as in you didn’t wait the 2 days). Margin allows you to trade without waiting 2 days for the cash to clear because the bank is basically loaning you money while your cash settles

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