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.
Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dan Duchardt who wrote (2087)2/14/2000 7:46:00 PM
From: Dominick  Read Replies (2) of 2120
 
Dan:

Another name for "Excess Equity" is "Buying Power". Going through the formula once your equity falls below 50% of current market value you have no buying power. Therefore, your new purchase requires the 50% Reg T deposit.

I believe you have to determine each equity position separately then add them together to see if your total account equity is increased with that deposit.

If your stock advances your excess equity increases.

Hope this helps,

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