Dilemma: Should I use Interactive Broker?

submitted by trident765 from self.nonmorons

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[–]fschmidt 6 insightful - 3 fun6 insightful - 2 fun7 insightful - 3 fun -  (1 child)

Why do you want to use margin?

[–]trident765[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Today I bought on margin for the first time. I think Amazon is priced well but I didn't want to withdraw money from my bank account because I am moving so I want to keep lots of money in my bank account in case something happens. So I bought Amazon on margin which I intend to pay back when I get my next paycheck.