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MarginMargin
monkeyjason said: "Hi,
it's been quite some time since I'd posted here....:)
I was just wondering how does margin works.....
by that I mean how does the broker charges you??
do they compound their interest monthly?? and usually how much do they charge you for overnight......??
when do I have to sell out my position to avoid paying for the interest (e.g end of the day)??
Thx in advance.
Jason"
thezster said: "You'll have to check with your brokerage firm for their specifics - every one is different, both in rates, and method of collection."
monkeyjason said: "ok thx........:)"