Recent content by be1314

Thank you so much Rhody! You are very helpful! Happy New Year!

OK.:thumbsup: The margin requirement for This case ($25k in the account. bought 1000 XYZ @ $100 per share ) is $100000 * 30% =30000 ? Is this correct? I will get a call when the stock declines to $30 per share? I don't know. Is this right?

Thank you! I got it. :) I have an other question, Does margin call exist for day trade? If it exists, by how much I have to liquidate when I get a margin call.

Hello I am new to stock. please help. I find out that I can buy 4 times the equity for day trade. I want to know how to calculate the maintenance margin. let say I have 25k in the account. I bought 1000 XYZ @ $100 per share. which is 100K. how do I calculate the maintenance margin?:)