J-Trade, Standalone is the best choice- takes least memory and is the most stable.
Yoda, thank you for the clarification. Bucky Lee, my arguments are correct and backed up by the Federal Reserve, the wrong thing is that you...
fast, The fastest way is to wire the funds directly by wire transfer. They'll be available the same or next business day. You have to have an...
Why was your account frozen? Which part of the "SEC response" did you violate? There's no sarcasm here. Reg.T and my arguments agree with The...
sallyboy, That's a good response. What's your point? Did you read my previous post?
Tradewinds, There could be "no price history" only when a stock is halted (or not trading). When a stock is trading - there's price history....
sallyboy, The payment for all of today purchases is due 3 days letter, at settlement T+3, not immediately. There's no need for any broker to...
Bucky Lee, What story?What case? "Daytrading" in a cash account complies with the Regulation T it Datek mentioned. It was discussed in...
fast, Magna or others may be confused by the mix of "What is", "What should and can be" and "What cash account discussions are about". To...
tuna, Penson is free to create more restrictive procedures for cash account transactions processing. But must follow Federal Reserve Reg.T -...
DATTrader, 1) T+3 settlement is not an impediment for daytrading in cash account. We can daytrade in a cash account AND settle T+3 the...
tuna, There's no need for them to "think up a margin type just to cover t+3 ", Because Regulation T already covers that. Reg.T.Section...
Your hypothetical fear that Mytrack will switch off realtime buying power(r.b.p.) update is unsubstantiated. If Mytrack turns off realtime...
The funds should stay in your account until settlement, for 3 more days after the purchase, when you have to pay for the transaction. But...
michaelday, There are no middlemen in emini futures trading(no MMs). Hence, there are no symbols for different participants(middlemen). It's...
yes michaelday, there is. Some brokers call it "market depth" - It shows five price levels of the futures bids and asks.
Bucky Lee, One can daytrade in a cash account and settle T+3. The rules allow that, no rule prohibits it. Fohat
NQ = 800 QQQ ES = 500 SPY Dow emini futures = 200 DIA 4 NQ = 3200 QQQ. Therefore, 4 NQ (nasdaq emini futures) contracts trading is like...
"profitable trading style" is not an explanation, but a synonym of a "profitable trader". Because, every "profitable trader" has a "profitable...
Magna wrote: ...people who start with $25K at the beginning of the day in a cash account, buy $10K worth of stock, sell it flat for $10K five...
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