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I do not understand my Margin account. Please explain. I use Scottrade. I am using simple money terms.
Buying Power (Margin): $10,000
Buying Power (Non-Margin): $5,000
Total Cash Balance: $0.00
Total Brokerage Account Value: $10,000
Please help me understand this margin account. Why do I have a (non-margin)? What can money can I buy with?
Buying Power (Margin): $10,000
Buying Power (Non-Margin): $5,000
Total Cash Balance: $0.00
Total Brokerage Account Value: $10,000
Please help me understand this margin account. Why do I have a (non-margin)? What can money can I buy with?
Please help with my Scottrade margin account.?
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