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vhehn call your friendly IB rep or the NASD even they will tell you freeriding is an interpretation. as for whether a conspiracy or not *shrug* enron should have taught you what equality under the law means in america.

free riding is a "interpretation", is not rule law nor does it even kind of make sense. The powers that be though do not see fit to clearly define the rules since as we all know daytraders are bandits and have ruined the wealthy's private little game. So why do anything that may encourage them.

I have been trading MSFT on both markets the last 2 days. The spreads do suck and since volume is so low you are at the MM's mercy. but the size the MM's show is real and can be bought/sold into. (they will show 20 contracts). My fills have been immediate but at the cost of buying the...

depends... if u trade under a 1000 shares, have +25k and do not expect to ever need any kind of help or customer service then IB is fine. I trade listed and all IB is is low commissions. I do not even use their software or feeds, its kind of the you get what you pay for deal.

"I suggest you consider upgrading your account to trade futures. Single Stock futures start Nov. 8. In a commodity account they will be subject to the PDT rules and you'll get higher leverage than a cash account." can u explain what this means def? I just learned (the basics)of ssf's...

Carl: up unitl 3 weeks (or so) ago Datek allowed daytrading in cash accounts; or at least they allowed me and i doubt i am special. In about 3 or 4 days i will tell you if they still do as I will be returning to them as fast as i can remove my money from IB. btw i just reread this...

Thx 4 the response LAecho! thx dude that was the kind of answer i was looking for... guess i just go back to datek and learn how to be a expert swing trader to eat those $21 fees *grin*

I do appreciate the response and in trying to keep my post as short as possible (to avoid people having to read me ranting) i missed saying a few things. One of the reasons I am so angry (less so now) is that I traded with datek with less then 25k and had no problems (most trades in a day was...

To make this as short as I can here is the Issue at hand: I opened a cash account with IB on mon. and after 3 (round trip)trades IB informs me that I cannot trade again for 3 days. Why 3 days u ask? Well according to IB the trades have not setlled yet, and until they do settle the cash is not...

i understand that most people are out of touch with reality, and i do not expect them to appreciate, understand, or even grasp it. But can I really be alone in being nauseated by the original post of this thread? The idea of spending money to visit death, suffering and misery is...is so...