Conversation

Trader Brian Jones

Some ways the cash account is better for a new trader with a small account Start with Buying Let's say you want to Buy a 1000 shares at $2.00. You get filled for 300. the stock move up you cancel and buy at $2.10. Then some more at $2.20. That's considered 3 trades if you sell

3:32 PM · Dec 5, 2020Twitter Web App

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To be honest I don’t even understand why people prefer margin accounts. Am I missing something?

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@SystemTradesSPX

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I would like to add. TD told me they match buys and sells, for 3 buys and 1 sell it's 1 trade and Webull isn't limited on the same ticker. I can buy 3 times and sell 4 and it's 1 trade

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i have 2 accounts...one small margin and one cash. I use the margin just if I see a good shorting opportunity. I use the cash account for all other trades