Actually, the new margin rules will apply to trading on the AMEX as well. To be specific, the new margin rules are amendments to Rule 431 of the...
truthfultrader: This will be my last post on this thread, as I will heed my own advice to not waste time thinking about this subject. First...
Wet: I've been known to be wrong before, and I will be again, but you should try actually reading the law before you start mistaking your...
truthfultrader: Evidently you misunderstood the point of that sentence. But I take some blame for your confusion. It would have been clearer...
Filing a lawsuit or even talking about filing a lawsuit is a waste of time and energy. Anyone who cannot come up with $25,000 risk capital might...
I have no experience with any of Pristine's services, but out of curiosity I went to Pristine's website, and I see that under the heading of...
TraderJimR, You evidently misunderstood the intent of my post. I'm not here to discourage anyone from considering these firms, and I will...
I don't mean to be a party-pooper in this celebration of proprietary firms but you should be aware of the risk of becoming a "member" of these...
Once single stock futures begin to trade around the end of this year, these "bullets" may be shooting blanks. For those unfamiliar with trading...
zboy2854A: Spamming ought not be tolerated. Neither should defamatory comments. However, I for one would encourage you to not be too quick to...
mjt, You are mistaken. While it is true that long-term capital gains are taxed at a maximum rate of 28%, short-term capital gains are subject...
The new proposed margin rules will change the definition of a day trade which currently includes the closing of an overnight position and a...
Specialists have a monopoly on the most critical information and yet are allowed to trade for their own accounts in the name of keeping an...
The new proposed margin rules apply only to "pattern day traders." For those not fitting the definition of a pattern day trader, the margin rules...
WarEagle, Glad you enjoyed the post. I've enjoyed reading many posts on this board and decided to come out of the shadows and try to...
Although it is within securities firms' power to impose their own house margin rules for daytraders that are more stringent than those proposed by...
Here is what I've been able to find out about the status of the proposed margin rule changes. On March 1, 2001, the SEC approved the proposed...
I haven't tracked down a final version of the new margin rules, but if it contains the same definition of a "pattern day trader" as in the...
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