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Re: Gilbertorodz post# 3726

Thursday, 07/10/2014 3:34:19 PM

Thursday, July 10, 2014 3:34:19 PM

Post# of 6233
If you are trading penny stocks you are better off with a margin so that when you get out of one, those funds are available to buy and sell right away. BUT remember when you change from a cash account to a margin you have to be careful of pattern day trading rules. If you have less than 25k in your account and you daytrade four or more times in five business days you could get your account suspended. If you have a balance of over 25k there are no worries.

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