PSFT - Fiscal 1998 - Discussion for the next year Message Board

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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year

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Oct 29 5:00 PM EST

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To: V3 who wrote (1966)	8/28/1998 11:54:00 AM
From: Melissa McAuliffe	Read Replies (1) of 4509

Robin, What they're saying is that you can only make total trades for the day equal to your cash or margin buying power. For example, let's say your total buying power was $30,000. If you bought psft for 30 this morning and sold it for 32 later today then you cannot buy any more stocks today since that one purchase exhausted all your available capital. Even though you've sold it you don't have the proceeds available to you that day. Hope this helps. And it's not unique to Suretrade. Melissa

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