Hello. I just signed up for the watchlist here today and the tickers on tims list are great. I just have one issue. I just have about $600 dollars right now to play around with. I have already put it into a TDAmeritrade account because they had the lowest minimum i could find. The only issue is that some of these stocks are either HTB or NTB. I was wondering if that changes based on the broker? Any advice would help. thanks
So you're saying i probably cant short with a cash account?
From my understanding the short answer is yes because in a short sell in defination is selling a stock from a brokerage which you really dont until you do what is called buy to cover. Plus with a margin account your putting yourself at a higher risk to short sell. Dylan to help you this web page explain why you need a margin account http://www.investopedia.com/ask/answers/05/marginaccountshortsell.asp
Im sorry i forgot to add the word "own" in between dont and until
Thanks drifter. That helped out greatly. Being new here as well I am still learning the ropes. My head is still spinning.
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