DAYTRADING Fundamentals Message Board

STOCKTALK

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 : DAYTRADING Fundamentals

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: OZ who wrote (8147)	5/1/2000 3:02:00 AM
From: Apakhabar	Read Replies (1) of 18137

Hello OZ, My example was meant to illustrate BP in real time, i.e. the moment the stock hits 40.... Re: the margin computations... my broker is not as generous as yours on the overnight (I have an account with Momentum, cleared by Southwest). If my account is 90k and I hold 40k in stock overnight, my buying power the next morning would actually be 140k reduced by (25% of 40 x 2), or 20k. So the next day I would start with 120k in buying power. Are they doing something "wrong" or does each firm have some choice in the matter?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next