Thanks Fohat, your explanations have been really valuable, and as I understand, you are not restricted by limited capital yourself. I hope...
Interacitive Brokers www.interactivebrokers.com This is what I found on their website under Daytrading Cash Accounts Q & A: .... Therefore,...
sallyboy, We actually posted at the same time, I didn't see your message, just to let you know. You wrote: Think about it, if the guy on...
All T+3 means that investors must complete or "settle" their security transactions within three business days. That is with 3 days being absolute...
I don't think it's daytrading that took a bite out of Mr. John Q's life savings, its was buyng and holding on to tech stocks, since he was no...
Bucky, Yes they do permit, or at least did permit, IB's Def said they stoped it since new Daytrading rule came out, I'm not clear why. But...
Its a suggestion for every household to purchase a gas mask, too bad many are on back order, but better late than never. Bob
I'd like to know what happens if they get away with it?! Any reason why they wouldn't touch futures and options market, and what then? Lets set...
people and brokerages complained about it prior and after?! Go to SEC website @ www.sec.gov and search for word "daytrading"...
Is actually 13 pages long, link above shows only four, weird. Fohat gave many more explanations on last few pages....
http://geniusity.com/index.asp I've been recieving their trading reports via e-mail for quite a while, they're not too bad. Current Position:...
You're right Tuna, there is nothing to laugh about indeed, sorry. Thanks for explaining, I really couldn't understand how they justified it. Bob
We should hire a lawyer. LOL Bob
Now all we need is to temporary halt short selling, which may eventually follow a permanent suspention and while we're at it, may be put more...
I will ask no more. Bob
Regulation T Sec. 220.8 Cash account. (a) Permissible transactions. In a cash account, a creditor, may: (1) Buy for or sell to any...
Zarrar, If you talking about cash accounts, please read my long (and painful) thread on the subject and tell me what you think....
Where did you find that? I'm looking all over for any sings of possibility for undercapitalized daytrader to go at least long, no success so far....
I'm breaking my promise not to post again, but Def, you did mention one NYSE rule: "Regulation T issued by the Federal Reserve Board, and NYSE...
Def, So, there is another rule I'm not aware of, so why didn't you just refer me to according rule on NASD and NYSE, I really have no problem...
Separate names with a comma.