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Non-Tech : MB TRADING

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To: Colin Cody who wrote (424)6/28/1998 1:19:00 PM
From: funk  Read Replies (1) of 7382
 
I didn't realize you had posted your first questions on two threads.

here is a link to my answers on another thread, whoops.

Message 5042770

Also the margin policy is strictly by the book, and the deal is you can trade twice your cash, plus this one other point.

If you hold an overnight position, you are now able to Day trade ( i think ) 50% or 75%, plus 2 times excess equity, so you are indeed getting a 3x or 4x margin rate, but if you try to hold that much over you will get a call. ( i am sorry there is too much to know sometimes and I don't like leveraging my account to such an extreme )

i had enough SI for one day

have a great week

funk

(c:
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