$25,000 minimum for daytrading needs to be changed

Discussion in 'Trading' started by Nostradamus357, Jan 25, 2011.

  1. As if newbies are able to raise 20k money without a track record. LOL where's the common sense. Family is good for money but not 20k.
     
    #121     Feb 19, 2011
  2. the PDT rule is the most stupid law on earth.

    This is blatant discrimination against people who can't afford a 25k account.
    I think people writing that law should go to jail, and actually they would probably loose a trial.

    Like we want to protect you because you're not rich...,

    therefore you can't close your losing position today, you have to wait for tomorrow and lose some more $ or we freeze your account for 90 days... WTF

    the world is insane.
     
    #122     Jul 2, 2011