Trading Definitions Buying Power The maximum dollar value of securities that you can buy without depositing additional equity Minimum (Equity with Loan Value, Previous Day Equity with Loan Value) times 4 Net Liquidation Value Basis for determining the price of assets in your account Total Cash Value + Stock Value Equity with Loan Value (same as NLV?) Basis for determining whether you have the necessary assets to either initiate or maintain security assets. Total Cash Value + Stock Value Current Initial Margin Minimum amount required to open a new position Current Maintenance Margin Amount of equity required to maintain positions. Current Available Funds Calculated as "Equity with Loan Value" – Initial Margin Current Excess Liquidity The amount of margin cushion you have to maintain your current positions. Equity with Loan Value - Maintenance Margin

Strategies Scalp Day Swing DCA (Dollar Cost Average / Averaging Down) Martingale Pyramid