Search results

I am grateful if anyone listen to me as many people and I are suffering because of this PDT margin rules.

This is a free country. That's the reason I like it. I respect your opinions about whether PDT margin rules is unconstitutional or not. But I don't agree with you. And I am going to continue this campaign until the wrong rules are fixed. Thank you. :p

Look at today's market. It can be seen how difficult to work around the PDT margin rule. You cannot take profit, as well as more importantly you cannot cut loss. We are not supposed to be restricted by the PDT margin rules at all. :p

Taodr, That's exactly I want to hear from someone. If America does not focusing on internal matters, at least as important as external fares, America gets problems. If America does not solving unconstitutional issues as small as PDT margin rules, America get problems. That's how simple...

Just look at yesterday and today's markets, please tell me how a small investor can survive with PDT margin rules in place. There is no way for them to keep effective principle in trading such a volatile market. More lawyers please study this PDT margin balcony. You may make a fortune out of...

John Q Public my friend, My lawyer can tell you exactly why. Here is my intuition based on what he explained to me. Someone is not allowed to eat the fourth time in a Mcdonald's if he or she eats three times already in five consecutive days. It is because he or she does not have $25K but...

cajr, thanks a lot for the info. Good luck to you in the job.

oh, cancellation can make money. That's something new to me. Good luck. :p

I wonder why traders need to consider about retirement. It is not that a physical-demanding work. We can trade forever as long as our fingers can move. :p

Right on, everyone. The PDT rule is unconstitutional and needs either to go away completely or to be fixed. :p

I have deep distrust to put $25K with any brokerage firm. What if the brokerage is not stable? What if someone tempers my account? What if someone intercepts communication between my computer and the firms? What if my account is compromised? I will lose all without any protection. What should...

Doubter, That's true. :p --- The more they are damaged in any way, the more pleasure I have. As they did the same to me.

TKOtrader If you happen to refer to me, this is what I want to say to you. Yes, you are right. I don't trade now and will not do it until there is a solution. I either hurt or benefit. But for some parties, they take loss. For instance, brokers has little commissions to earn from me. Market...

So you mean everyone should take unfair rules and continue to play? No. I stop. I am not going to take loss because of the risks I cannot control. I'd rather let others suffer the loss when I stop trading. I complaint about it until either the unfairness goes away or I developed something to...

We know there are tremendous problems introduced by PDT margin rules. Let's be constructive to work out some suggestions on fixing these problems. How should NASD fix these problem and improve their responsibility for a fair market place. It is also should be realistic for brokers to enforce the...

Oh, maybe I go the wrong impression from an article somewhere. Thanks. :p

(This is a reply to a message on IB forum, as their forum has ridiculous restriction that you cannot post 1.2K messages. I do not want to split my message. I also feel people here may be willing to listen to my story. http://www.interactivebrokers.com/discus/messages/4/4793.html?1037115567...

Do I have to learn? :p

C1 uses traders in pits. LF is electronic. That's what I heard. IMO, they have long way to go with issues like liquidity. It is too risky to play for traders with small accounts. :p

I can't agree more. It is an illusion which makes you think you can do better without day trading. But that can be many pin-and-kill for undercapitalized investors. Check THC and OMG for the latest instances. Check every stock options 20 days close to expiration. Behind every story of...