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papermoney question
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Created: by sccanissan Attachments:3

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papermoney question

  #1 (permalink)
Trading Apprentice
tampa fl
 
Futures Experience: Beginner
Platform: thinkorswim
Favorite Futures: stocks
 
Posts: 3 since Aug 2014
Thanks: 0 given, 0 received

papermoney question

Hey guys,

Quick question....what are the stock values for papermoney under (net liquidating value, stock buying power)

The reason I ask is I am somewhat new to day trading and I am learning I have been have a positive P/L everyday I have traded but I feel like I have lost money for some reason.

Current values are:
net liquidating value=103,412.62
stock buying power=188,637.24

Thanks for the help and I apologize if its a dumb question

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  #2 (permalink)
Trading Apprentice
tampa fl
 
Futures Experience: Beginner
Platform: thinkorswim
Favorite Futures: stocks
 
Posts: 3 since Aug 2014
Thanks: 0 given, 0 received

not sure if this also helps

Not sure if this helps any but,

8/13 starting money 118,739.92
8/14 strating money 98,002.33

I am swing 2 stocks
EXAS margin value 1729.00
CSCO margin value 7359.00

Also I have been trading on my phone while at work. The above numbers where from my computer.

These numbers are from my phone/mobile app
Stock buying power: 288,619.24
Net liquidating Value: 203,619.24

Why are the numbers different from moblie to computer....

Any help you guys are the best

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  #3 (permalink)
1.Fibs 2.??? 3.Profit
Puerto Rico
 
Futures Experience: Intermediate
Platform: thinkorswim
Broker/Data: TD Ameritrade
Favorite Futures: ES
 
rmejia's Avatar
 
Posts: 384 since Oct 2010
Thanks: 3,597 given, 421 received


There's two different account types available, Margin & IRA, check that you are using the same in both mobile and pc. The default I think was 100,000 but might have changed. You can go to the second menu on the Monitor tab, Account Statement, and put the days back to when you started paper trading and it will show the initial balance:

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