lets pretend i have 30k cash and 90k BP
i'm day trading, and i end up buying a 50k position and i hold overnight. i only pay interest in 20k? yes/no
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
i...
n00b here - i just realized i have access to scottrader elite. how can i use this to my advantage? i open up the program and it looks so confusing. what aspects of it can i use to my advantages and how? also, level 2, is it worth it?
currently own stock of basically dead companies (don't ask what company). i have accepted it as a loss and don't care about it. i don't want it in my portfolio anymore and just don't know what to do with stock worth $0. if i "sell" it i know i can use it as a tax deduction, any advantages of...