"Day trade buying power" versus "Available to day trade"
"Day trade buying power" versus "Available to day trade"
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Lightsout · External communityPost link
External question — Personal Finance Stack Exchange
Author: Lightsout
Original post: https://money.stackexchange.com/questions/126258
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
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on my Charles Schwab account I have 2 different fields:
Day Trade Buying Power: $50,000
Available to Day Trade: $203,000
Can someone explain the different between the 2? Day trade buying power is roughly the amount of money I have in the account and available to day trade is 4x my money.
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