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This explanation was posted on www.groups.yahoo.com/group/DaytradersUnite/ Basically the daytrading rules came out of the Atlanta massacre when the "crazed daytrader" who had lost his money shot up two daytrader shops. A senate committee held hearings and so crying wives of men who had...

People should be able to discuss differences of opinion without being nasty about it or being insulting to the other people

People who are annoyed by him should add him to their Ignore List rather than waste their time harassing him

I'm going to go on the assumption that you were trying to use the same ironic humor that nitro did above.

No, qdz is sincere. He is not the sort to go creating aliases. He speaks his mind honestly and without guise. As for me, I would welcome the hecklers to add me to their Ignore list. I wouldn't have to see all these vindictive and adolescent responses to every statement I make.

You spend your time telling people what they should or shouldn't say on here. Have you actually done any trading yourself yet?

Stock Options Covered call writing (covered shares are restricted), and buying calls and buying puts. Cash from the sale of options settles in one business day. You must also have Stocks capabilities for a cash account. From the IB Account Capabilities page describing Options Cash account...

I get the same result from buying puts on a stock

I know you're using irony to be humorous :)

There's no need for nastiness towards others on here. I guess whether they realize it or not most people playing the markets are under a degree of constant stress, and occasionally express it through being nasty and condescending to other people who have posted messages. It certainly doesn't...

"Barney" is busy creating a useful trading tool.

The holiday season is the most dependable trend in the yearly cycle. You just really don't want to be shorting the market from now until Christmas.

I think if today was your first day registering it will work more smoothly after today. Just click My Portfolio after you log in, and all your competitions should be listed together.

I can't change my vote. I originally had an empty Ignore list. As of today there is one person on mine. It may begin to grow very quickly. It's more useful than arguing with people whose only intent is to argue and put-down.

Apparently the person who so urgently suggested the "PDP" rule has failed to implement his own suggestion. Don't make rules you don't intend to apply. That is not logical. I'm actually supportive of this rule, I'm finding it's quite useful.

First they came for the stock trader. Then they came for the options trader. Sooner or later they will come for the futures traders. Then where where will there be left to turn?

Someone who has to make constant fecal analogies eminently qualifies as a Pattern Dumbass Poster in my eyes. I will implement the PDP rule "at once". Congratulations on being the very first to be make my Ignore List.

First of all I never said I want to daytrade. What I am objecting to is that rules to supposedly restrict the activities of full time daytraders have been applied to me. I rarely make more than one trade a day, and often I make none. If you're moving to futures because you admittedly don't...

I'm not complaining about losing 4:1 margin. I don't use margin at all, and I don't want to. I was merely pointing out to the suggestion that what we ought to do is start using 4:1 margin, that that is not even a possibility. My current stance is just an excuse? No, it's a complaint. I wasn't...

You don't get 4:1 margin if you have under $25,000. "Silly little rule" is putting it nicely. I've said it often before, but I will say it once again: As long as this "silly little rule" is allowed to slide without objection, there will be more and bigger rules put in place before you know...