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Re: None

Tuesday, 04/16/2013 9:51:38 AM

Tuesday, April 16, 2013 9:51:38 AM

Post# of 6266
? about Shorting Stock / Margin Trading:

Example: I have a $6,000 margin account with $3,000 accounting for cash. I want to short sell 100 shares of JDOE that costs a total of $1500.

Although I have more than enough liquid capital to borrow the shares, do I still have to get $750 in a margin loan from eTrade even though I have $3,000 in cash?

OR

Do I just borrow the shares up until the cash value that I have before they call it if the cost gets near or exceeds the liquid amount that I have in my account?

Any clear explanation on how this works is appreciated.

Burned by sub-pennies, lessons learned from sub-pennies and my future profits won't be earned from sub-pennies.

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