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The last time I checked with my broker I could trade the S&P with a reduced
margin amount(like $6,000 instead of $12,000), but never zero.
Regards,
Craig
omega-list@xxxxxxxxxx on 01/10/98 10:13:04 AM
Please respond to MarkBrown@xxxxxxxxxxxxx
To: he96@xxxxxxxxxxxxxx
cc: omega-list@xxxxxxxxxx (bcc: Craig Nelson/NY/SBCM)
Subject: Re: FUT: Maximizing use of margin
hans esser wrote:
> from "Barry Small" <unitel@xxxxxxxxxxxxxx>
> > You can maximize margin by getting a broker who lets you daytrade
> > whatever you want regardless of margin---there is NO margin required
> > for daytrading!!
>
> THAT broker and THAT client should be put in jail - as bottom line
> we will all pay up for that rubbish.
>
> rgds hans
>
> ~~~~~
> ....and bear in mind
> that high reward does not come without its partner high risk !
Hans I trade at Smith Barney that way! There is no required margin for day
trading! It has been this way for about 2 years now. Crazy I know..but
true.
Mark
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