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thanks for clearing that up , i really appreciate it.

2:1??

sorry for all the questions, but what do you mean by cash basis? so if i were to wire money to etrade for example via bank account or check or what not would that be alright?

$25k equity?? ...explain?

buying and selling stock

i have been buying and selling a stock for about a year now with my broker. And lately i have developed an interest in daytrading, what online service is the best? scott trade, etrade...etc.