SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : CYBERTRADER
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: P.T.Burnem who wrote (3203)2/7/2000 8:28:00 PM
From: Dan Duchardt  Read Replies (1) of 3216
 
Thanks P.T.,

With Brown & Co, there is only one rule: the amount of stock sold in a single day may not exceed the account's equity at the day's open. There is no penalty for holding a position overnight.

That sounds about right, but could you clarify the last sentence? Suppose for example you have $10,000 ABC stock and $10,000 cash at the start of the day. You hold the ABC stock all day and into the night. Are you saying you can still spend $20,000 that day, assuming of course you do not have more than $20,000 total in stock at the end of the day?

Dan
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News