So let's say i have 5k to trade futures with, probably the NQ. I'm a graduate student and don't really have any income and due to that opening an account is next to impossible these days. So, what if i accidentally marked down a 40k a year income with net assets of 100k. Would this be illegal? All i want to do is trade.
When I opened my account, I put less than half of my income and assets on the applications. Because I was afraid they gonna come after my things if I blow up my account. Of course I had blown up my account, not just once. Anyway, I am still with my broker. Good luck.
Ok, looks like i didn't use the search function effectively. http://www.elitetrader.com/vb/showthread.php?s=&threadid=146606 Mods can close thread.