Berkeley CSUA MOTD:Entry 50969
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2025/05/25 [General] UID:1000 Activity:popular
5/25    

2008/8/26-9/3 [Finance/Investment] UID:50969 Activity:nil
8/26    I just place limit buy on Etrade for X amount worth of $$$ but I
        don't actually have X amount in the trading account. What would
        happen if the order actually executes? Do I owe Etrade a steep %
        of interest or it gets taken out magically from my savings/checking
        accounts?
        \_ The buy probably doesn't execute, unless you have a margin account
           with them.
        \_ I'm going to guess that you get as many shares as you have $$$
           for, but it's possible it will execute and you will have to
           fund the account ASAP (plus fees, I'm sure). This will depend
           on your brokerage, so ask them and not us.
2025/05/25 [General] UID:1000 Activity:popular
5/25    

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