Justy, Thanks man. Class is in session. Love it & learning. Wondering tho. Why would you not open a 2nd or 3rd margin acct with diff brokers or is there some kind of statute on/of limitations as to the number of accts a guy/gal is allowed ? Curious. You have info the average bear does not even know about. Are you a former MM or hedge fund manager or what ?
I have at least 90%+ of XXII in a brokerage acct and I saw I have 50% margin ability. How did that happen?
I won't mess with margin buys as I don't want to chance owing any interest if things go wrong for a period of time. Figure I will make enough on the big 2 to satisfy all my needs and I am just not skilled enough to play the margin game. Smart enough to know my limitations.
Best of luck to all that have the skills to make margins work for them.