Question about trading with Fidelity

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What I understand to have happened is that I sold a certain stock, bought another stock with those proceeds, and then resold that second stock too quickly..?

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There is a federal law that requires any stock trade to officially "settle" before you can resell another stock with those same funds. In most cases this takes three days. After you sell a stock, you will have to make sure the funds for that sale have settled if you have purchased another stock with those funds and you intend to sell that stock.

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After I sell something it shows my amount available for trade. So i use that to trade.

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Again, you can purchase another stock with those funds, you just can't sell that stock until the funds from the previous sale have settled.

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Have been messing around with it for a few months now and have gotten a notification that I have 3 "good faith" violations.

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They will freeze your account if you continue to do this. I think they can do this for 3 months. It's a federal law.

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How can I act quickly to make a profit on rising and falling prices if I have to wait for the cash to settle after I sell something?

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You can trade on margin (basically a credit line), which I would not recommend for a beginner. If you are only holding stocks for 1 or 2 days you are basically gambling and might want to get a bookie and start sports betting. Just kidding. Good luck.