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Author Topic: Margin question
cbrf2
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Can anyone help me out. In my cash account, i had 3600, and margin was 7200. Well i bought a stock with the entire margin, and i sold with a 1200 gain. Well when i looked in my account, it said my cash was (3500) and total value was (2900). Im with choicetrade.

Now the question is this, shouldnt my gains be showed immediately? Or would i have to wait until the next so the system updates itself?

Please help! [Smile]

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"I sell ice in the winter, i sell fire in hell, I AM A HUSTLA, BABY, i sell water to a well!"

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T e x
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don't know yours, but mine often updates overnight. Assuming this happened today, just call em in the morning or e-mail tonight. Might dave pertinent screen shots, cusips, etc...can't hurt in case there's a dispute...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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cbrf2
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buytex

thanks for the reply, man. So on yours, it shows negative, but the next day, it updates it, right?

--------------------
"I sell ice in the winter, i sell fire in hell, I AM A HUSTLA, BABY, i sell water to a well!"

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T e x
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cb, don't do margins--I'm a gambler so margins not the strategy for me [Big Grin]

But, yeah, I find my broker often "behind the curve," especially on splits. Mine updates overnight, so what I think is wrong gets corrected the next day.

HOWEVER, I also bought HISC at great price a few months ago and went to sell for a double, but they "lost" the trade.

That's why I say record your screen shots, CUSIPs, etc....

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

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cbrf2
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buytex

thanks, i hope it gets corrected, wait! let me say that again, it BETTER be corrected [Big Grin] 1k is a lot on a small pot, so ya know....

--------------------
"I sell ice in the winter, i sell fire in hell, I AM A HUSTLA, BABY, i sell water to a well!"

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T e x
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cb, don't count on hope, man--push em if it ain't right in the am...

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

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