Milgram Neutral Newbie May 25, 2009 Share May 25, 2009 Anyone knows what POW in trading terms mean? Is it Point of Withdrawal? ↡ Advertisement Link to post Share on other sites More sharing options...
Application9999 Clutched May 25, 2009 Share May 25, 2009 Anyone knows what POW in trading terms mean? Is it Point of Withdrawal? meaning consignment basis...once drawn from store..the ownership is transferred to the customer....else cannot bill..cannot invoice Link to post Share on other sites More sharing options...
Ellf Neutral Newbie May 25, 2009 Share May 25, 2009 Prisoner of War. Link to post Share on other sites More sharing options...
Milgram Neutral Newbie May 25, 2009 Author Share May 25, 2009 Erm...I'm still not sure...sorry... Let me elaborate... In trading stocks and shares, I have a P&L statement...this POW appears in my statement...and the figure is negative....say the amount is -$25,000... Does this mean that $25000 will be taken away from my trading account balance? Link to post Share on other sites More sharing options...
Throttle2 Supersonic May 25, 2009 Share May 25, 2009 Erm...I'm still not sure...sorry... Let me elaborate... In trading stocks and shares, I have a P&L statement...this POW appears in my statement...and the figure is negative....say the amount is -$25,000... Does this mean that $25000 will be taken away from my trading account balance? you know when you read classic comics like Batman and superman in those days, when someone gets punched, he gets "pow" POW! POW! so you kena POWed $25k? heh heh Link to post Share on other sites More sharing options...
Mcblue Neutral Newbie May 25, 2009 Share May 25, 2009 New Song by Black Eye Pea...Boom Boom POW!!! Link to post Share on other sites More sharing options...
Sha_va Neutral Newbie May 25, 2009 Share May 25, 2009 Erm...I'm still not sure...sorry... Let me elaborate... In trading stocks and shares, I have a P&L statement...this POW appears in my statement...and the figure is negative....say the amount is -$25,000... Does this mean that $25000 will be taken away from my trading account balance? call or email them and ask, i'm sure have contact numbers in the statement. so much $ better call faster. Link to post Share on other sites More sharing options...
Ultramega 1st Gear May 25, 2009 Share May 25, 2009 Erm...I'm still not sure...sorry... Let me elaborate... In trading stocks and shares, I have a P&L statement...this POW appears in my statement...and the figure is negative....say the amount is -$25,000... Does this mean that $25000 will be taken away from my trading account balance? Turn to the back of the statement, maybe the meaning is printed there? It's like that for some bank statements i received. Link to post Share on other sites More sharing options...
Robin 4th Gear May 26, 2009 Share May 26, 2009 better call yr broker to check... i've not see this b4 Link to post Share on other sites More sharing options...
Milgram Neutral Newbie May 26, 2009 Author Share May 26, 2009 haha....no lah bro...I learning to read P&L statements This one I got from POEMS.... Link to post Share on other sites More sharing options...
Milgram Neutral Newbie May 26, 2009 Author Share May 26, 2009 Did that bro...nothin' at the back Link to post Share on other sites More sharing options...
Throttle2 Supersonic May 26, 2009 Share May 26, 2009 haha....no lah bro...I learning to read P&L statements This one I got from POEMS.... sorry mate, this one I have never heard of in the financial context. but there must be somewhere where they list down what the acronyms mean. maybe you can just call them and ask? cheers Link to post Share on other sites More sharing options...
Milgram Neutral Newbie May 26, 2009 Author Share May 26, 2009 Done that already bro As usual, your level-headedness is . Thanks dude! ↡ Advertisement Link to post Share on other sites More sharing options...
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