CASH COW

[WANG]

DLeo..you don't have to sell your stocks to tranfer to other account, you can transfer all at once.

Margin account is not your money, you are borrowing from them
with interest..... also margin call is something you want to avoid.

you buy XYZ stock with margin acc worth $5000..
and XYZ stock 50%.now worth $2500......now within few days you have to come up with the $2500 to cover the margin call!

I recommend not to use Marging acc.Sure you can have Margin account open. but try not to use margin $$.
Meaning...if you have $2000 in your account don't use more that that $2000.
If you use more than $2000... it becomes margin.

got to go be back tonight.