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Author Topic: Newbie Margin question
deathtoradio
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I'm sick of waiting 3 days after I sold a stock to use my funds to trade again. Is there a way around this with a margin account? And if so how does it work?
Posts: 55 | From: Pennsylvania | Registered: Apr 2006  |  IP: Logged | Report this post to a Moderator
T e x
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read this:

http://www.investopedia.com/university/margin/

Then, if you go ahead? Get the margin account--to get around waiting--just don't ever use the margin "money."

What I do is have different cash accounts, which is handy for several reasons.

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

Posts: 21062 | From: Fort Worth | Registered: Apr 2005  |  IP: Logged | Report this post to a Moderator
   

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