SI
SI
discoversearch

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 : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: FR1 who wrote (9012)12/27/1998 11:43:00 AM
From: Claud B  Read Replies (1) | Respond to of 12039
 
The 30% both you and Richard refer to is actually referred to as
"maintenance."

What that means is that if your margin equity falls below 30%,
the brokerage firm asks the customer to bring in more money
to raise this number (usually to at least 40%) or the firm has the
option to sell some of your securities to accomplish the same
objective.

If you fall below 30% it does NOT mean the broker sells you out
immediately. He must give you the opportunity to put more cash
into your account.

Hope this helps.

Claud



To: FR1 who wrote (9012)12/27/1998 1:10:00 PM
From: Richard Estes  Respond to of 12039
 
ok, thought you had inital margin at 30%. I have heard of Brokers trying to take advantage of the pure gamblers, lending 90% of money, fastest way to go broke for customer.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News