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Post# of 346919
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riverandfold

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riverandfold

Re: None

Thursday, 07/02/2009 12:21:00 PM

Thursday, July 02, 2009 12:21:00 PM

Post# of 346919
Question for TD Ameritrade users. I recently enabled my margin account and I notice that my BP or buying power is twice the amount of free cash available to trade. Can someone briefly explain what this buying power means? Can I buy up to that amount and essentially be on Loan from TDA? If so, how long to I have before I need to sell stock to cover this loan? Is there a timeframe?

Thanks,
River~
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