I guess I just don't have a good understanding of margin requirements.
Say I have a $10k account and SPY is trading at 100. Using IB, what is the maximum number of shares I can buy and sell the same day for one trade? Keep in mind my account is under $25k.
TIA,
ROCK
Say I have a $10k account and SPY is trading at 100. Using IB, what is the maximum number of shares I can buy and sell the same day for one trade? Keep in mind my account is under $25k.
TIA,
ROCK