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Wrong assumption. If Daniel had not given the explanation to this puzzle, I would have gone on assuming that the monks would never kill themselves because I thought they would never discover if they had the dot or not. It was only when I tried to explain the solution to Goldenarm that I...

Julie Public protest directly to the SEC, and lots of it, might get the SEC to reconsider. I mean, they claim the rule is to protect the public. Tea The SEC and the CFTC need to hear from traders. All they hear is self-serving twisted spin from the exchange lobbyists. Your representative...

Thanks for suggesting the poll. I think it was a good idea

No, it's a mathematical deduction. Monks were merely used to give it a human face. The whole riddle is to pose the question "how do you calculate the equation with an unknown variable". The unknown variable is the monk's own forehead.

The increased margin is one of the ways this rule illogically and greatly increases risk to traders, while claiming to have been designed to limit risk. It's a trap. They will give you 4:1 margin during the day if you have over $25,000. But at the close of the day they will yank your...

If it's there to protect newbies, then shouldn't there be a clause to it which says "This rule applies to traders who have been trading less than _[x number]_ months. " The rule is applied to all margin accounts with less than $25,000, regardless how long the account's owner has been trading...

Try trading options and being told you can't sell the ones you bought today. That's increasing the risk. These rules were indeed put in place to make sure small traders do not daytrade. The purported reason it was done is similar to why gambling is restricted in most states. The real...

The pattern daytrading restrictions make it much much harder to get $25K by trading profitably. If your system is so good that you can work around the three daytrade restriction, then let's have these restrictions placed on all traders, regardless of size of account. Then at least it would...

That's what you get for having expectations. Magic 8-Ball, should nitro be upset if this thread wasn't what he thought it would be? "Outlook not so good" :cool:

Thank you freshtrader504, I will be sure to forward your comments to the SEC. Not quite sure what good they will do, but on the other hand suppose they couldn't do too much harm :confused: Maybe if enough of us accuse the regulators of being homos it might finally get through to them that...

I didn't want him to be totally discouraged.

The females are busy with other things on a saturday evening. Whereas all us trader guy geeks got nowhere else to be. Give them time

Your buying power would be at $0.00, because options are purchased cash-only, they have no margin value. You would also not get the strike price 25 for $5. More likely the 27 1/2 or the 30 strike price would cost $5. Even so, if the QQQ goes up to $35, your $10,000 could be worth $15,000 -...

I met a fortune teller who predicted accurately 80% of the time. She wasn't rare, but she was a medium well-done.

D is the number of dots, equally expressed as the number of monks with dots

A woman spends one-sixth of her life in childhood, one-twelfth in youth, and one-seventh as a single woman. Five years after she got married, a son was born who died four years before his mother at half his mothers final age. what was her final age? S = son's final age M = mother's final...

Failed? How? It may not be the absolute best mathematical formula, but it's very nearly there at least. It's well on the way And really, my final assessment is the answer: If you have one less dot than the number of days, then you know you have a dot. This is because the unknown variable is...

I think he should change his name to Gordon Geico and save us 15% or more on brokerage commissions! :)

I didn't mean any insult to you. It's just honestly funny, because I KNOW how it took me HOURS to get it myself last night

I'm Gordon Gekko . . . not Geico, which could save you 15% or more on car insurance. So STOP CALLING ME!!!!!