$AMC Entertainment (AMC.US)$ should I buy more with my insta...
$AMC Entertainment(AMC.US$ should I buy more with my instant buying power or is it a better idea to just wait until my funds clear in a couple of days. I'm not sure how that instant buying power stuff works
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Favoritecolorclear : As long as you know the Funds will clear its best to buy now. price might go up
TimmyElTigre : The instant funds cover your deposit until it clears.
LSDragon : curious about this myself, I think it's safe depending on how much you might already have deposited. say, if you have 10k worth of stocks in your account and it's a 500-1000 deposit. if you have no money deposited then it might not be a good idea. anyone with more experience or wanna correct me, please speak up
Nadman : you can buy with instant, just don't use more than your limit.
103044573 : I assume it’s margin. I used it to enter first, then put back the amount later. So if u use 1k, just put it back after. You will not be charged interest if you put it back within T+2 days
demntia : you will be fine using it
jimmy awesome OP : ok cool thanks for the info everyone
103044573 : Also if your funds do not clear in time, no worries as moomoo interest Low, 4.8% per year. So on 1k it’s like 10c a day. But always remember to only use what u can cover and watch the risk. If the stock falls too much on margin, you risk margin call. Hope this helps cheers