share with you to protect you from blood suckers.
I ‘m controlling 2 accounts in one broker firm. My fathers
I bought some shares on credit last week from both the
accounts.coz I thought to put the money this week. (Otherwise i’ll never buy on
As of today my credit in one account I have about 30% credit
& other one about 55% credit.
But the strange thing is I have no buying power in the
account which I have credit of 30% & the other account I have another 20%
buying power.( I have no pending buy orders)
Yesterday I got a call from my
broker, asking to put some money to my account that have over 50% credit to
bring down below 50% otherwise they might force sell.
My prob is if I used over 50% they
why the hell they are giving me buying power of another 20% & no buying
power to the account which I have only 30% credit. This means that they are pushing me to buy from the account which i already used the full credit.
So guys be careful when you use credit. Brokers are pushing retailers to
the trap & force selling to suck the last blood of retailers.