about margin account

Discussion in 'Trading' started by trtrkk, Sep 5, 2006.

  1. trtrkk

    trtrkk

    Can I ask some question about margin account?
    If I have $100,000 cash in margin account,
    How much is margin buying power?
    2 times higher than cash money? so margin buying power is
    $200,000?
     
  2. Surdo

    Surdo

    $200K overnight/$400K Intraday (if you are a PDT)
     
  3. If you have to ask, I highly suggest you do not trade with margin.
     
  4. trtrkk

    trtrkk

    I am new to trade usa stock ,
    What mean overnight?
    what mean Intraday ?
    overnight means I buy stock today and dont sell today?
    Intraday means I buy stock today and sell all today?
     
  5. LeroyB3

    LeroyB3

    Yes.
     
  6. trtrkk

    trtrkk

    LeroyB3Ayes for me?
    Thank you a lot!
     
  7. trtrkk

    trtrkk

    If Intraday stock trading, must I pay margin interest?
    or I must pay margin interest only for overnight?
     
  8. trtrkk

    trtrkk

    answer?
     
  9. You pay interest on margin only if you hold overnight.
    There is no interest for use of margin intraday.

    -Raystonn
     
  10. trtrkk

    trtrkk

    Raystonn,thank you for quick answer!
     
    #10     Sep 5, 2006