Question about Datek Margin

Discussion in 'Retail Brokers' started by Sanjuro, Jul 1, 2002.

  1. Sanjuro


    I have a friend who is using Datek and has enabled Margin
    with over 50k. My friend has 4:1 Daytrading Buying Power.

    However, in the Portfolio screen, it says:
    Day Trades Remaining: 1

    How can this be possible if my friend has over 25k in the account?
    Is there another option you have to enable?
    Shouldn't it say unlimited?