Investor Help (NO Ihub questions)

[Zargis]

If you trade with a cash account, with any broker side for maybe over seas, you can expect the same 3 day settlement period. However, if you apply for margin and trade on it, often, you can utilize all of your funds ONCE per day. I.e. if you have $10,000 dollars and bought 2,000 shares of a $5.00 stock (excluding fees) then you would have used your complete balance at that time. (assuming you were not leveraging any shares with your buying power - which would create an interest charge)

Another example would be to buy two separate or three separate stocks up to the dollar amount in your account, I.e. 10k cash.

Keep in mind margin is essentially barrowing money and can incur interest fees if leveraged. You may also have other trading limitations based on broker.

Also, a margin account must maintain a minimum equity.

Before making any change to your account, make sure you talk in depth with your broker about penalties and potential trading restrictions if performed wrong. There is many more nasties with margin than good faith... and.. also if you get enough violations with either, it may follow you to the next broker and they may limit you solely based on your past trading history.

Be well,

-zargis