Recent content by incogneo

  1. I

    question about pattern day trader rule for OPTIONS

    ok thank you for the info I appreciate it
  2. I

    question about pattern day trader rule for OPTIONS

    ok thank you for the reply - so if this is true - if I make an "ALL IN" intraday options trade with my cash account that I close out before / at market close, funds will be available at next day market open but NOT available for another same day trade. in this case, the difference between a...
  3. I

    question about pattern day trader rule for OPTIONS

    As I understand it, if I have a cash account and not a margin account there is no limit to the amount of round trip OPTIONS trades I can make in week. Is this correct? I am planning to open an account with <5k and my trade plan usually calls for 4-5 round trip trades a day. I never hold...
  4. I

    question about licensing / trading with 2 firms

    thank you Robert, appreciate the information
  5. I

    question about licensing / trading with 2 firms

    No. Two unrelated BD will not allow you to dual register. I know of no FINRA/SEC rule against it but they will be asked how each firm monitors your activities without sharing information and working together on regulating you. thank you for the reply. So if you are right I can't be dual...
  6. I

    question about licensing / trading with 2 firms

    I am starting OCT 1 with one of the big name PROP firms and about to take the series 57. I am also in a program trading internship with another smaller outfit and once my work is approved I will need to join the firm that bankrolls their operation (which is a big name wall street firm, not even...
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