Momentum Daytrading - Tricks of the Trade 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 : Momentum Daytrading - Tricks of the Trade

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RealMuLan who wrote (725)	3/17/1998 11:20:00 PM
From: Mama Bear	Read Replies (2) of 2120

You know Yiwu, I'm not aware of any broker's that don't charge interest if you borrow money from them overnight or longer. You are required to put up 50% of the amount shorted, if you borrow it from them, why shouldn't you pay interest? 7% is a right decent rate as well. I think you can get a little less at Brown&Co if you have a million dollars or more on margin. I could be all wet on this, and would appreciate hearing about it if I am. I'd really like to evaluate a broker who is offering interest free loans (other than daytrades). Barb

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next