Closed DataPools closed 4 years ago
Day trading buying power is calculated as below, and it seems like you had overnight position whose maintenance margin requirement (lastMaintenanceMaign) exceeded the equity (lastEquity) so no day trading buying power was generated. See more details in:
I am currently trading on a paper account and every time I try to execute a trade, I get an "insufficient daytrading buying power" error. However, my account still returns
false
for pattern day trader. My account multiplier appears to be 4.My paper account has more than $25,000 cash in it so I don't understand why it is not letting me trade. Here is what my account returns: