Thursday, December 31, 2009
12.30.2009
If you are trading stocks with a margin account, the $$ you are concerned with keeping an eye on is the "Special Memorandum Account"...That is essentially your Buying Power times 2! EX: You have $2,000 in your SMA account. Your total buying power that you can invest with is actually $4,000! Giddy up!
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