Silicon Investor (SI) -- The First Internet Community

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.

Non-Tech : SURETRADE.COM -- Ignore unavailable to you. Want to Upgrade?

To: Marty Rubin who wrote (82)	2/6/2000 1:21:00 AM
From: -Mad-Jon	Respond to of 94

Marty - I have ZRAN & VOXW in my account, both of which appear on the trigger list. VOXW (100%) has been in there awhile, but ZRAN (65%) is a relatively new position. I had noticed in the past - before ZRAN - that as the equity increased, the available margin would appear to increase at a 2 for 1 rate. (VOXW has been in there awhile.) Since ZRAN appeared, the available margin has stopped keeping pace with account appreciation. I'm guessing that the margin requirements as stated do not apply to the account as a whole, but only to the portion of equity represented by a particular issue. For example, the VOXW position, with its 100% requirement, represents itself as a cash position, even though it's in the margin side. If I were to close the position, suddenly twice the proceeds would show up as available margin. The ZRAN position itself is probably 65% paid for. That model seems to explain the behavior of my margin balances - The adding of the ZRAN position didn't suddenly trigger a margin call for 15% of the account value. The way the thing reads is confusing - it seems to say that if one of the trigger issues is in your account, the margin percentage for the account changes to the indicated number. I seem to be experiencing that the percentage only applies to the equity represented by a particular issue. Please advise me if I'm mistaken on this. Thanks, and Regards, M.J.

To: Marty Rubin who wrote (82)	2/29/2000 9:54:00 AM
From: Marty Rubin	Read Replies (1) \| Respond to of 94

Suretrade has a waaayyy to go. I lost so much over their slow service that it's --by far--one of the stupidest moves i made over the past few years. for once, the first order had a bad execution, the second i couldn't open the open orders file so i can cancel (i waited 2-3 minutes for that), and today the "send order" wouldn't even work. don't even start to imagine how much those "cheap" trades ($10 each) had actually cost me here. i hope others have a better luck with them.