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Probably all they want is to give kidnappers good chance to take away kids on the other side of the small street in front of their home.

<quote>ITS DISCRIMINATORY</quote> Cannot agree more. The PDT margin rules wrongly restrict the fundamental right for everyone to be able to trade equally and freely. Margin is an issue, while number of day trades is another. We need to be able to exit on the same day, and reenter the market...

Great idea! You certainly have my signature on such a petition. Let's get it started. Please help. Thank you.

Thank you, def. I will check out the references that you gave.

i see, that explains why you lost [some]. Good luck to you.

you actually should congratulate yourself for not losing big from time to time if there is no small order to fill your big orders. Do you think no opponent orders can take you down to hell? (I consider the word hell is quite polite comparing to your B word).

your statement souds a little naive. don't you think they are coming after you sooner or later no matter how big you are?

you seems a little naive. you must haven't benefit from hiding your big orders after small guys and get good fills. I had many experience in which I think I made many giant guys smile. JMHO.

cash account should not subject to PDT margin rules. As long as there is no free ride, you should be able to go in and out a position as you wish. That's the basic right to trade with freedom, isn't it? Stock options is not imagin-able. So they should not be subject to PDT margin rules as...

I don't know the answer to your questions. They are my concerned too. I'd like to hear any suggestion and am going to cancel my pending ss upgrade. I once heard about this "credit risk" somewhere when they are talking about using arbitrage to eliminate both price and credit risks with the...

Another agreement? I am really worried about my money in IB. That's why I only deposit the minimum that I can afford a 100% loss both financially and emotionally. That's not necessarily the trading loss. And I will not add throw in more in any circumstance. NASD/SEC, how do you protect...

1. By these PDT rules, do NASD/SEC want to address day trading problems or margin problems? It should be margin problems, right? They see that over-use of margin is harmful. But that is not equivalent to say day trading is harmful. 2. Why is it 4 day trades out of business 5 days? Why...

at least they should give some flexibly to brokers who have the resource to manage the risk based on other requirements. def from IB said that some huge firms are not able to do check margin risk intraday. So they support PDT margin rules.

It may not be realistic to hope them to get rid of the PDT margin rules totally. But at least they should have responsibility to listen to the feedback and modify the rules, for the sake of whatever reasons such as tax dollars. One big problem is that the way they identify pattern day trader...

How about stock options? Can you give us some insight on why PDT margin rules should be applied to stock options? Don't you think small players should be given some space and freedom to play and practice? Don't you think broker can be also benefited without additional risks? Thanks.

Options on stocks, forget it. They have shift their a*ses pattern day trader rules onto that territory on absolutely no base. NASD and SEC protect special interests. Although IB hurts on commissions, they push small guys to seek more risky venture such as SSF with larger amount to lose in...

Pitt is out. Small investors should be looked after right now! NASD and SECC should not establish rules to increase risks exposed to small investors but benefit big players and manipulators. Yeah, help decreasing market liquidity and trading freedom (which are backed up by sufficient cash)...