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Strategies & Market Trends : Position Trading Forum

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To: Glenn who wrote (5632)11/8/1998 2:07:00 PM
From: Char  Read Replies (2) of 7247
 
Glenn
With MB Trading you only get charged interest on margin positions that are held overnight. If you are a day trader with a $50K account, you can buy $100K worth of stock during the day. If you sell before the end of the day, you won't be charged any margin interest.
Dave
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