# Margin and buying power

**URL:** <https://forums.collective2.com/t/margin-and-buying-power/3190>\
**Category:** C2\
**Created:** [August 20, 2014, 5:28am UTC](https://forums.collective2.com/t/margin-and-buying-power/3190 "2014-08-20T05:28:38Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![AntonioPorsia2](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/antonioporsia2/32/548_2.png) [@AntonioPorsia2](https://forums.collective2.com/u/AntonioPorsia2)\
**Post date:** [August 20, 2014, 5:28am UTC](https://forums.collective2.com/t/margin-and-buying-power/3190/1 "2014-08-20T05:28:38Z")

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Invalid Order  
I receiver this error message when I want to pass my order.  
  
Problem with signal  
Unable to STO 504 SPY - Current account buying power is $49,972.10, cash is $49,972.10; equity=$0.00; currMarginUsed=$0.00; proposed trade would lower by $50,069.88 (C2 Err Code: PreMarginCheck)  
  
Don t understand why ?  
  
Thanks

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**Author:** ![MatthewKlein](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/matthewklein/32/21382_2.png) [@MatthewKlein](https://forums.collective2.com/u/MatthewKlein)\
**Post date:** [August 20, 2014, 8:28am UTC](https://forums.collective2.com/t/margin-and-buying-power/3190/2 "2014-08-20T08:28:03Z")

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You don’t have enough buying power in your Model Account. At the time you entered the order, C2 treated symbol SPY as requiring $198.69 of Buy Power per share (i.e. half of the assumed price of the instrument; implying buying on 50% margin).   
  
Reduce your proposed trade quantity and try again.

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<div class="post-metadata">

**Author:** ![AntonioPorsia2](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/antonioporsia2/32/548_2.png) [@AntonioPorsia2](https://forums.collective2.com/u/AntonioPorsia2)\
**Post date:** [August 20, 2014, 11:41am UTC](https://forums.collective2.com/t/margin-and-buying-power/3190/3 "2014-08-20T11:41:57Z")

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The margin is way too high. I cannot have more than 2x leverage trading SPY ? I belive it s a way too pessimist assumption. Not mentionning that the stopis entered at the same than the entrylimit orders and that the position is intraday.  
  
Is there a way to change this?  
  
Thanks

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**Author:** ![MatthewKlein](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/matthewklein/32/21382_2.png) [@MatthewKlein](https://forums.collective2.com/u/MatthewKlein)\
**Post date:** [August 20, 2014, 12:23pm UTC](https://forums.collective2.com/t/margin-and-buying-power/3190/4 "2014-08-20T12:23:50Z")

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No. We require conservative margin use in your model account. If you have autotraders, they can jack up real-life leverage however they want/are allowed.
