In a way, this just makes me want to get up 25k and start skimming off their money even MORE...
"We have decided that folks with $1,000 or more are smart and sophisticated people who enjoy casino âgamingâ. Those with less than $1,000 are...
be advised that i believe the rule reads "FOUR OR MORE" round trips in "ANY 5-DAY PERIOD" which is *not* 4 trades per WEEK basically, you...
sounds like a decent idea- anybody up for writing one?
Yep- the old boys shut us down- Guess there really is such a thing as "The Man"
yes, I got that datek letter as well- Although it doesnt directly address this SEC rule- its obviously a setup for enforcing it..
I have a datek account and i havent heard a thing from them regarding this new rule- wonder when theyre gonna get around to telling people....
Example from '2000: http://www.mtrader.com/secupdate.htm
"I still can't believe this rule ever saw the light of day, and I get mad again everytime I read it. I have to keep asking myself if I really live...
re: the new rule http://www.sec.gov/rules/sro/ny9948/nicoll1.htm
I just found this info at strategictraders.com: New NASD/SEC Rules Affecting Short-Term Trading The rule change will affect day traders....
goog god- let's hope you're wrong- that's just ridiculous! Isn't this *America*?
While we are on this subject- can someone explain to me once and for all how the symbols work with the futures? I know they are different for...
I believe you can get the futures you need by using Quotetracker, with the Quote.com data. Quotetracker is about as good a program as you'll...
Let me get this straight- you are saying that beginning sometime in Sept '01 that daytraders with accounts below $25,000 CAN'T USE MARGIN? You...
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