I’m using alpaca-py. I call
client.get_account()
and see a value for
daytrading_buying_power and a
margin multiplier=4.
Then submit a market buy order and I get a code
40310000 “insufficient day trading buying power”
along with a value for daytrading_buying_power that is exactly the original value divided by 4.
What gives? What am I not understanding here? Want to understand.
On a more practical note, which attribute of alpaca.trading.models.TradeAccount should I use to get my actual buying power, since daytrading_buying_power doesn’t seem to be it. If I query for buying power, then only use 90% of what’s available, my expectation is I should not be getting rejected orders outside of very rare special cases.
Thanks.