I am new with daytrading, and may I ask?
Margin buying power is 4 times of cash in account,
so I have $100,000 in account, then my buying power
is $400,000.
I buy stockA with $400,000, then sell with $400,000
then I buy stockB with $400,000, then sell with $400,000
then I buy stockC with $400,000, then sell with $400,000
in these, can I rotate this $400,000 to buy, sell different stocks
with limitless?
Margin buying power is 4 times of cash in account,
so I have $100,000 in account, then my buying power
is $400,000.
I buy stockA with $400,000, then sell with $400,000
then I buy stockB with $400,000, then sell with $400,000
then I buy stockC with $400,000, then sell with $400,000
in these, can I rotate this $400,000 to buy, sell different stocks
with limitless?