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Suppose you want to purchase $20,000 worth of stock trading at $40 per share. The broker allows you to borrow.?
Suppose you want to purchase $20,000 worth of stock trading at $40 per share. The broker allows you to borrow.?
Suppose you want to purchase $20,000 worth of stock trading at $40 per share. The broker allows you to borrow money with no less than 60% initial margin.
a. How much money can you borrow, and how much of you own money must be used?
b. What is the margin percentage [Read more...]
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Michael Parness
Michael Parness runs Trend Fund which is known as "The Premier Online Community For Serious Traders".
Unlike many who offer training products today Michael does not claim to be a trading guru. He doesn’t have to claim to be a trading guru because he walks the talk. What I’m saying is this man is actually made money in the market and not just some money, but real money as in boatloads of cash.
Michael Parness is a true life rags to riches story. Now worth millions, Michael was once actually homeless.
Michael’s business, Trend Fund, is designed to help traders at all levels, from those who are struggling to those who are already successful and want to become even more successful.
In his analysis he looks at historical trends and searches for those that can lead to explosive long and short-term profits.
When I say that Michael walks the talk he turned a $33,000 account into an account worth over $7 million in a little over two years. That’s impressive by anyone’s standards.
Click here to visit Michael’s site
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