To sttle this once and for all I ask a leading broker -Datek- to clarify their position on daytrading in a cash acct. Here is their reply:...
You just don't get it yet... They are not targeting daytraders per se. They couldn't care less if we professional traders knock ourselves...
They stopped it because it would circumvent the spirit of the new regs. Do you realize that your congressman is to blame for all this?...
Fohat, Theoretically maybe they can do what you suggest, but is this what they are doing.... Answer: NO. They aren't permitting...
All brokers are using T+3 for settlements for cash accounts. (Datek, Cyber, IB, MB etc.) Quit trying to make an "end run" 'round the regs,...
Hitman is presently paying his tuition. The experience and education he is recieving at WorldCo is invaluable and well worth the price he is...
Sally, Well, then you have nothing to worry about do you. PS Brokers had six months to comply. They could have enforced the new regs any...
garet, You're trading some serious size for a new trader. Ease up on the accelerator and back it down my man. Or you're gonna get burned....
There is no confusion. The new rules have been in effect for six months now. Brokers had to comply by today. Today was the last day. If...
Give us more detail on this "bot". How does it work? What is the programming code? Thanks for helping a fellow trader! Bucky Lee
Ken Calhoun, What have you got say about this? Bucky Lee
Sniper, Who are you trying to kid. Only those with a crystal ball can pick the tops and bottoms with precision on a consistent basis. THAT is a...
LOL
Kicking...you laugh at market data ("indicators") then go on to assume your "gut" knows better. YOU are funny..:p
What you are all missing is... If you wish to make that leading indicator argument. Then, YOUR GUT IS NOT LEADING INDICATOR EITHER! Do...
Look you "gut feel" enthusiasts...either you make your choices knowingly ie CONSCIOUSLY Or you make them without a conscious awareness of the...
Don't trade off your "gut". That's nonsense. Unless you're a woman....(women's intuition ;-) Indicators are real time info about the market. To...
Nice post Turok. Those quotes were like a breath of fresh air. Einstein was truly a genius. As for my occasional use of the CAPITAL, simply my...
dd, WE "exist", we have good proof of that. "God" does not exist, we have NO credible proof for his existence. "I think, therefore I am"...
Einstein never believed in a "God". He was too smart for that. Newton... I don't know.
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