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Greeting, Bryan, and welcome.

<<Hello everyone. I am going to roll my current mutual fund ira into a self directed Roth but I have a few ??? about how trades are executed inside an ira. Seeing how you cant have a margin account inside an ira- Do you have to use limit orders to be sure you have the available funds? Or does the trade just not occur if you use a market order and the funds are not enough to cover the execution? Do all brokerage IRA's folow the same rules or is everyone different? I have a regular account with Suretrade now and was dissapointed with their customer service at first but it has improved greatly as of late. Are their any better choices as far as IRA's go??? >>

I don't know how others do it, but I rarely use limit orders in my IRA. Instead, I ensure the money is there by keeping $500 to $1K in cash all the time. That way I don't have to worry about price variations too much during my trades. As to your query regarding "better choices as far as IRAs go," to me that's like walking into a supermarket and asking, "Are there better choices as far as food goes?" The IRA is simply a means of investing on a tax deferred basis. It is not the investment itself, but the container. Think of it as the bag that holds your groceries. You select the food, and the bag holds it for you. In an IRA, you select the investment, and the IRA is the vehicle that holds that investment.

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