Non-marginable funds

[johndoe]

what is a marginable? is it to borrow money or something? my amertrade account says i have 4 bucks in my marginable account?


it wont let me buy pinks or otc?

i have 750 in funds but what about my marginable?


cody,greg,vegas or doc help a asian brotha out.

[johndoe]

i used to buy pinks and otc stocks before and now it wont let me?

[Greg]

what is a marginable? is it to borrow money or something? my amertrade account says i have 4 bucks in my marginable account?


it wont let me buy pinks or otc?

i have 750 in funds but what about my marginable?


cody,greg,vegas or doc help a asian brotha out.

It sounds like you violated the trading rule ...In and out to many times on a stock in a week...Call the broker and ask what the deal is.. If the 750 was captured as part of the margin, it would show in Margin...

OBTW you need $25K for a margin account to become a frequent day trader, if it goes below 25K, you can only  sell what you have until the account is brought back to 25K...

But it does sound like some trading restriction has been placed on your account..

Call the Broker's help desk..

[johndoe]

In and out to many times on a stock in a week

thats true.

it doesnt show 750 in the margin

i emailed and they should reply.

i had plans to buy hglc.pk at 0045 today and now thats too late


this needs to get fixed. im not a daytrader and im not making millions of bucks.

[johndoe]

how often can you trade in a week.

ive 2 trades at most in a week or 3


this is gay, i never had 25k to begin with

and i dont owe anyonw anything??

[Greg]

how often can you trade in a week.

ive 2 trades at most in a week or 3


this is gay, i never had 25k to begin with

and i dont owe anyonw anything??

I think 2-3 trades in the same stock in the same week..

[johndoe]

that doesnt qualify me, ive never done that.

[HappyAlien]

I think it's 4 "round trips" in a week

[thrilldealer]

No you do 4 and you're out. It's 3 max. Believe me I know, I got a margin call two weeks ago, and learned everything I had to learn about it afterwards.

[johndoe]

thanks guys, i have to wait like 4 or 5 business days inorder to buy or sell

[johndoe]

youll think next week i can begin my trades?

[Greg]

youll think next week i can begin my trades?

Monday most likely...check after midnight Sunday..

[johndoe]

thanks greg

[johndoe]

still cant buy?? whats the deal ive called and they said 5 to 6 business days?