I want to trade $4k in equities each day (sell all next day and then buy $4k more), but am not sure of the math needed for account balance to avoid a margin call or any other violation. It will be a combination of Long and Short positions.
I have read:
and looks like I don’t need to wait for funds to settle with a margin account.
So if we say I incur $100 maximum account equity loss daily and let’s say I replenish the account every 5 business days and let’s say those funds transfer immediately for the sake of argument.
So $4500 would be enough to not get margin called and would I also avoid all possible violations? Also what is the max margin multiplier x1 do on the account dashboard?