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.

Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: TFF who wrote (954)	11/12/1997 8:46:00 PM
From: belker	Read Replies (1) \| Respond to of 12617

irby, If, for instance, the house excess in my account is $10,000, my allowed day trading is twice that, $20,000. My understanding of this is that I may buy or short a maximun $10,000 worth of a stock and then sell or cover that same stock in the day and, assumimg no large losses, I can make similar transactions all day long, using the same $20,000 day trading balance. Is that correct? This a very basic thing, I realize, but I have been a position trader, and am moving toward the idea of day trades. Bob