$AMC Entertainment (AMC.US)$ Im new to trading. Why is my ma...
$AMC Entertainment(AMC.US$
Im new to trading. Why is my market value on thks stock over $600but my cash is - $100? Can somekne explain
Im new to trading. Why is my market value on thks stock over $600but my cash is - $100? Can somekne explain
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
FirstStrike Veteran : did you recently deposit money?
Skylord : the app will give you buying power equal to the amount you deposit. It will show negative until that amount technically clears, usually 3-5days.
Griffster OP : I did deposit a $Workhorse (WKHS.US)$
MS159 : You're allowed 1k margin. If you deposit $100, you now have - 100 (your margin account has $900 left). You have to wait for around 5 business days to get the funds you deposit cleared. Then you can further deposit into the 1k margin. So if you deposit 5k, only 1k will go into the margin and you'll have to wait 5 days for the remaining 4k to be cleared and be used as buying power
Griffster OP Griffster OP : Oops. Accidental post. I did deposit 100 on ftiday, ghess it hasnt cleared yet. Its jjst my cash said - 100 and change, it threw me.
709877391 : it takes days to settle into your account even if comes out the bank might need a day to settle here.
Purdy Squatch : Wish we got more than $1,000 buying power. Really want to throw $1,000 at $Senseonics (SENS.US)$ before market closes..... but I already dropped 1k on 3 different stocks today.... and still have pending deposits
Griffster OP 709877391 : Thanks for the info.
Griffster OP Purdy Squatch : Ive only got $700 total deposits and was gonna sink the same in later this week, but your saying at any given time we only have $1K buying power? Bummer
Purdy Squatch Griffster OP : yeah until the first deposit clears. Still better than all the other apps I've used....
View more comments...