yeah x 2 thanks fohat.....Don't seem like any of them are about to play by those rules..Comfirmed mytrack ain't..but thanks for your input on...
Sallyboy So if you buy a stock in a cash account and sell it before 3 days is up or (T+3) we are now in violation of Reg T(free riding)...
Fohat that was an email received on the 28th. Be making some more enquires on Monday before i do any trading.Dam whys it such a big deal...Its...
Fohat whats this saying? Procedures: Penson will begin issuing a new type of call for trading in the cash account. If there are not...
ok Fohat i hope your right.... maybe they'll think up a margin type just to cover t+3 or something.
lol ok i see where your at now Guess they thought that disallowing people to swingtrade would be taking it a bit far huh.
now now Bucky not everyone was born with a silver spoon in his mouth. How do undercaptilised learners learn...?? Come up with 25k and then...
Ok Fohat i agree with your application on reg t and up till now thats how my brokers applied it too..... i've got a feeling that the brokerage...
Zarrar what you got told does'nt seem to be correct i've emailed Datek 3 times and it goes in two stages ok..outlined below Part 1...... If...
Fohat...this is part of an email from Datek The new regulation regarding Pattern Day Trading begins September 28th. The rule stipulates that...
Zarrar this is what i got back from them(Datek) Q)hi...Cash accounts with datek,...can i daytrade more than 3 times a week and not be...
well if thats true Datek are going to get alot of business...including mine What a shambles on the mytrack help board today. ALOT of people...
Funny that ...i thought the only person i was putting at risk daytrading a cash account was myself. I now don't have the right to do that,but...
I'm 5000 miles away but Count me in..I'm more than willing to devote time and/or money to it......I'd rather see the ruling taken to task...
found a website that does some explaining so i'll have a read. If anyone else is interested http://www.eminis.com/school-eminis.htm#emini...
Excellent........thanks for the lesson..got a couple more dopey questions if you'd be kind enough to answer them 1)I'm a bit lost with how it...
Fohat your a legend...thanks for that post and the others i know you've put alot of time into,....there much appreciated. I know nothing at all...
I'm in the same position only option i've seen so far is here...
Pete....My understanding is you are allowed 3 roundtrip daytrades in any 5 day period. Anymore you're classified as a pattern daytrader. Anything...
LET EM KNOW HOW YOU FEEL http://www.sec.gov/complaint/selectconduct.shtml
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