Skip to main content

Posts

Showing posts with the label parttimetrader

Deciding Between a Margin Account and a Cash Account: Which Option Suits You Best?

Do you have a margin account or a cash account? Tim Bohen is covering the pros and cons of each kind to help you decide which is best for you. 🔴 Subscribe for more free Stock Trading tips: YouTube.com/StocksToTrade Share this video with a fellow Trader: ✅ Links we mention and recommend: Try StocksToTrade for 14 Days for $7: Get our FREE weekly watchlist here: Check out the SteadyTrade podcast: ✅ Recommended video: ✅ Recommended playlists: Stock Trading 101: A Day Trader's Guide: Advanced Stock Trading Tips: StocksToTrade Software Tips and Tricks: Weekly Trading Recap Videos: ✅ Follow StocksToTrade on social media: Instagram: Facebook: Twitter: Cash accounts allow you to trade with the amount of money you put into your brokerage account. For example, if you put $1000 in a cash account, your buying power is $1000. A major benefit of using a cash account is that it frees traders from the pattern day trader (PDT) rule. If you have a cas