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Strategies & Market Trends : Margin Calls - Share The Pain -- Ignore unavailable to you. Want to Upgrade?

To: daffodil who wrote (25)11/30/2000 9:49:03 PM
From: George the Greek  Read Replies (2) | Respond to of 158
 
This has long been a confusing issue.
Keep up the good work trying to clarify it - esp as, ahem, some of us are punch-drunk from being slammed by the market.

IMO, on-line accounts should have a calculator or spreadsheet or some such evaluation tool to aid in making the computation more transparent.

The easiest solution (looking in the rear-view mirror): NO MARGIN ==> NO MARGIN CALL.

BTW, could you explain the distinction between a Reg T Margin Call and a Maintenance Call?

George



To: daffodil who wrote (25)11/30/2000 11:22:42 PM
From: HandsOn  Read Replies (1) | Respond to of 158
 
Thanks so much, will be closing acct., looking at Datek and will call this weekend. I average about 40 trades per week and always use GTC orders, will save 120 per week if executions are as fast as AMTD.


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