Recent content by Tailspin

I agree, completely. I really empathize with newer, undercapitalized traders. The new regulation can seem like a “Death Blow”, especially for those who have dedicated a great deal of time to studying daytrading before actively trading. I just hope those affected realize swingtrading is a...

Alex, Thanks for the reply to my post. From what I understand of the ruling though, I think it limits you to 4 round turns in a 5day period, not just 4 trades. You still need to watch the weekend straddle days though, because thursday til wednesday I think will be considered a 5day span. I...

I'm a daytrader myself and I was initially distraught by the title of this thread. As I read the posts I got emotional and a little upset. I've been used to civility in these forums and when I saw what was going on it was a little distressing. But, being a diplomat by nature, I tried to...

Aldrums, I'd like to know that myself, since I am now daytrading with an under 25k cash account as I posted before. I'd also like to agree with your response to candletrader's post: "The changes are 'OK'. 25k is about right and will save 90% of newbies from being wiped out, by...

Thanks for all the helpful posts. This business is tough enough without having these bullies nudge us out of their reindeer games. You'd think that they'd be happy to take our money while we are learning. By the way, has anyone considered getting this story to the news media? I know it's a...

Zboy, I too would like to know if this "no daytrading in a cash acount" thing is true. I read the response someone got back from IB saying this, but I've been daytrading at IB through my cash account for 3 months now. Granted, it's been frustrating because I can only go long, but I'm concerned...