margin account interest basic questions

unknown00

Newbie
1 0
lets pretend i have 30k cash and 90k BP

  1. i'm day trading, and i end up buying a 50k position and i hold overnight. i only pay interest in 20k? yes/no
  2. i'm day trading going in/out/in/out multiple times in 1 day. i end up holding a position overnight worth only 20k. do i pay interest? yes/no
  3. i have a margin 90k position into close, but i sell it before AH market close at ~7pm EST. do i have to pay interest on it? yes/no
  4. i sold a 20k position today (so it hasn't settled), but i use that to buy a new 20k position that i decide to hold overnight. do i have to pay interest on it even though it hasn't settled? yes/no
 

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