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fusionz

05/07/04 1:22 AM

#16552 RE: jordage #16551

Hmm, I am surprised you were able to short them because usually Ameritrade doesn't have shorts in high demand. Also, I guess Ameritrade approved you for a margin account--and assuming your net worth and income is on the lower end(judging from your past posts)--I guess they don't really care as long as you have $2K?

The reason I am asking is I have a freetrade account for daytrading but I would like to use my ameritrade account for swingtrading shorts but I'm afraid they will reject me for margin due to my low net worth and income.