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Strategies & Market Trends : DAYTRADING Fundamentals
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To: TheStockStalker who wrote (11195)12/31/2000 4:59:46 PM
From: Apakhabar  Read Replies (1) of 18137
 
No, I have 2:1 with Momentum. The $100,000 of MSFT maxes the BP of the account. Selling it return the account to 100% cash which is $50,000. But according to Momentum/Southwest's margin policy, my BP from that point on for the rest of day is just $75,000, even though I own no stock and have $50,000 in the account.

I believe the 4:1 BP you may remember was something from a post by OZ in a reply to me last spring.
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