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Alias Born 01/05/2004

Re: None

Sunday, 04/11/2004 12:57:39 PM

Sunday, April 11, 2004 12:57:39 PM

Post# of 19276
I was wondering I have this account with freetrade and and I got a daytrading buying power call which I don't quite understand. I sold a stock short while I had another long position(MOBL) that I bought earlier in the day(with cash). At the end of the day, I sold MOBL but still kept that stock short and didn't cover till the next day. I know freetrade lets you trade your cash throughout the whole day even if you are under $25K, so why would I get a daytrading buying power call when I didn't daytrade my short position and just traded my cash?


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