Stock Trading and Other Things

I just opened a margin account with a online brokerage firm, Can I use margin for day trading?

Public Comments

1. You bet!

Just make sure your account's liquidation value stays above $25k to actively day trade.

2. Yes, but the margin requirements for day traders are different than ordinary traders. See your brokerage for details.

3. Yes you can use it for day trading, but do you really have to,

Just remember, if you're going to day trade, you will have to MAINTAIN equity of $25,000 at all times. This means that the market value of you stocks less your debit must be greater than $25,000

Based on your question, I think it would be in your best interest to do more studying before you use your margin account and even do any day trading.

4. You can.