Icarus, The margin call stuff is probably true, but no, the rule is not limited to a margin call. You are wrong. The rule says that if you have...
See what I mean?
P I "paper traded" my specific system for a YEAR before I committed a cent to live trading. I analyzed God knows how many charts. I got to...
JC I agree with your statement "the account size is not what matters. You can learn with 10 or 15k, and you probably SHOULD! What matters is...
P2, First, you've made my point for me. I personally have not doubled my account in the last year. But I've done well. But the point is this:...
P2 Thanks for your reply. Let me, however, just comment on a few things. Sorry for the length. Bear with me....
I'll be honest. For those that (1) practice sound money management (2) have put in the time required to learn how to chart/find a positive...
P2: First, I don't daytrade (well, much). I swingtrade. And the rule effects me greatly. But to be honest, I don't think it matters whether...
P2, Didn't YOU start trading with less than 25K? I may have a faulty memory. Here's how I remember it. You started with 6K, blew it all....
Tymjr, You ain't seen nothin' yet out of this guy. He exudes arrogance and lack of tact under the thinnest veneer of humility. Wet
Def, As far as I understand it, here's the SEC rule: SEC: if you have >25K, you cannot make more than 3 intraday entry/exit trades in a 5...
Def, I am curious why IB decided to compound the problem with their "solution". The SEC's rule was an annoyance for swing traders. IB's...
The Princess' words, exactly.
Hitman, I meant compared to me that's what you are. Also, I'm afraid you're doomed to the blue collar. It's the blue collar man that worries...
Hitman, I meant compared to me that's what you are. Also, I'm afraid you're doomed to the blue collar. Magna, No mentioning Hitman's...
Hitman, Well, I'm no master trader like you are. As well, I sure don't pull in the big bucks like you do either. Perhaps one day I'll be a...
Baron, It's your site, and you can do what you want with it obviously (and it's a good site too!). However, I fail to see why your would...
Mgregor, No. IB's rule applies to any and all listed stocks. I wish it wasn't their rule, but it is. Wet
Hitman, I can understand that a day trader can benefit at the hands of a rookie trader. So can a swing trader. As well, I can understand that...
Mgregor, Actually you are right and wrong. There's no LAW or SEC rule stipulating this, but IB has an in house rule concerning listed stock...
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