SGOCO Group, Ltd. (SGOC)

[Honest_Devan]

yes I've had a margin account with Ameritarde since 2003 before it was TDAmeritarde. I have 0 penalties, but I also have a schwab account that is a cash account. To avoid penalties all you need to do is make sure is if you buy and sell in the same day you're not using that same money you sold to buy it, you need to have excess cash in your account to cover that new buy so your not borrowing. Always keep 1-2k in cash in your account for trade opportunities that may come up for that exact reason.