Margin mean if you have $5,000 cash in a margin-approved brokerage account, you could buy up to $10,000 worth of marginable stock—you would pay 50% of the purchase price and your brokerage firm would front the other 50%. Another way of saying this is that you have $10,000 in buying power but the 50% is "borrow" from broker.
No encourage to use margin, unless very confidence.
manimaniONGG, continue be a uber driver, dont touch stock. those OTB bla bla bla when market bull, everyone also master .... now everyone also speechless
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
soros228
2,039 posts
Posted by soros228 > 2016-02-12 20:44 | Report Abuse
Difficult to tell. But I think already bottom.