I am new with daytrading, and may I ask? Margin buying power is 4 times of cash in account, so I have $100,000 in account, then my buying power is $400,000. I buy stockA with $400,000, then sell with $400,000 then I buy stockB with $400,000, then sell with $400,000 then I buy stockC with $400,000, then sell with $400,000 in these, can I rotate this $400,000 to buy, sell different stocks with limitless?
\ Yes, but with the questions i've seen you ask, take my friendly advice and papertrade or maybe just trade 100 shares of stocks for a couple months to get some experience first.
This guy is holding the bag...do youself a favor and at least wait for a good washout to put real money in.
amm, you may have 1:10 margin at many brokers, just couple of names come to my mind.. Genesis Securities, LLC. www.gndt.com HLV Capital, www.hlvtrading.com (some guys on ET forum claims that HLV are cheaters) Alex
I could not find any sentense regarding 1:10 margin in Genesis Securities, Whould you please teach in which part of website of Genesis Securities written regarding 1:10 margin?
you may have 1:10 margin at many brokers, just couple of names come to my mind.. >>>>> Is that margin for stock trading ? or FX?
AMM: I seriously hope you do not fund an account until you have a clue how the markets work. Why don't you search these forums for a few hours, you might sound slightly educated when you ask a question in a few days!