#1christmas wish
my #1most desired moo-moo christmas wish is being able to trade with a cash account instead of only neing able to have a margin account.
happy holidays to all!! may your season be filled be joy and delight.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Moomoo Lily : Dear mooer, The advice has been forwarded to the related team and they are working on it. Thank you for your understanding and support！Merry Christmas！
meowmeow66 : you will not use margin if you have enough cash to trade, and each time you trade the app will notice you if need to use margin
Matomic OP meowmeow66 : sorry for the double post - a cash account is very important when you are trying to build your acct to thec25k pdt threshold.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Matomic OP meowmeow66 : i understand - however - if i have an actual cash account, then i am not restricted by PDT rules and i can make as many day trades as i have settled cash available. this is the importance of an actual cash account versus a margin account.
Matomic OP meowmeow66 : I understand - however - if i have an actual cash account, then the PDT rule does not apply and i can make as many day trades as i have settled cash to cover. this is the real importance of a cash account versus a margin account.