Dude went heavily short (his words) in October 2023... I cannot imagine a worse entry. A total clown. Fiction has to make sense. Nearly a 40% dot shot in his face. Any discussion about this guy is a complete waste of time other than as a fade.
tool, doesn't explain why he's getting the warning email... which is bc of his existing futures position segregation. wheeeeee. Sucks being brilliant but I manage.
@Baron is phoning it in on this site. Letting this @NY_HOOD idiot run rampant.
I'm out of here. No point in a trading forum where racist shitbags like @Hotrocks/@NY_HOOD can operate with impunity.
Yeah, I was going to mention that he couldn't possibly be referring to SSFs, but I thought it too ignorant even accounting for the "subject matter exspurt" in question.
1256 is an IRS reg. It is immaterial to segregation.
The Fs/FOPs he's trading are segregated -> takes his available for equities below $25K with the futures req -> sends too many equity trades -> PDT -> cleared when he closes the Fs/FOPs -> equity above $25K -> PDT resets -> you are a f*cking...
It's not a glitch. The futures req probably took him under $25K while he traded more than three round trips in equities. They still seg the futures so it will reset when the futures are gone.