Quote:
Originally posted by starglazer
ALWAYS SIGN UP FOR MARGIN ACCOUNT AND SAY YOU ARE NOT A NEWBIE INVESTOR.
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Thanks for the tip starglazer.
So if a margin account is that much better, what are the drawbacks of using a margin account vs a cash account? (if any?)
ie. why would anyone NOT use a margin account? even if they were medium/long term trading?
are there extra fees or something?