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It's even funnier when you get it, and you look back at how frustrating it was, and see how frustrating it still is for those who haven't gotten it Thanks Daniel for giving me the answer, Lobster for asking the question, and Te for making me laugh :)

The formula is correct. It may take a long time to figure it out, but when you do you will laugh D = 1 means only one dot "On the first evening, E = 1 IF D = 1: U see 1 dot (D) D sees 99 uninfected monks (U)" IF there is only one, this would be the case. If there is more than one...

PDT kills them faster

It's all algebra. It's not fuzzy, it's quite precise. The unknown variable is each monk's own forehead F = monk's own forehead D = total number of dots The question is: Is F a subset of D? M = total number of monks Each monk sees (M - 1) other foreheads. (M - F) M is a...

What will you do when they decide to start subject futures to daytrading restrictions too? How do I know they're going to do such a thing? I don't. Just like I didn't know they were going to start subjecting long stock options to these restrictions. But they did. Then what will you have...

All I do is buy calls and puts. I don't write options. They have subjected the buying and selling of long cash-purchased options to the three trade rule. Even making three "daytrades" of a single contract each, priced at $.50 per contract (total trading value exercised $150) will freeze my...

Jaan gave the more precise explanation. Case 1: 1 monk has dot Each monk sees 99 other monks 99 monks see 98 with no red dot, and 1 with red dot 1 monk sees 99 no red dot He knows it's him. He sees no one else with red dot - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -...

I strongly recommend not to make full use of three daytrades. They must be saved as supply for emergency situations. When you use all three daytrades, you will be prohibited from opening any new positions until the five day period has passed. You are not allowed three per week. It's three...

Only one answer is allowed on the poll. I included the "All of the above are true" choice to allow for multiple response. If you don't think the first 4 choices are all true, but more than one are, vote for the one which you think is most significant.

Qdz actually made the suggestion of posting a PDT poll here, and I responded by creating this one. He is doing what he can in his own way. He has written to NASD and SEC, and is trying to keep the issue alive in the hope of encouraging others to join in protest to NASD and SEC. If the...

It does not apply to Futures because Futures are classed as Commodity. Stocks and Options are classed as Securities, which are governed by the rules of NASD (National Association of Securities Dealers). The recent introduction of Single Stock Futures has created two new exchanges which are...

Daniel gave the correct solution, and the correct reasons. This is more of a brain-twister than a brain-teaser. It all is based on getting into what the red-dot monks were thinking about what the other red-dot monks were thinking about what they were thinking . . . . It's like...

You agree that these rules are "crazy". I posted this poll because surprisingly enough there are a number of people on these boards who have argued in favor of the daytrading rules. You will see by the results of this poll that there are some who will vote for choice #6 or choice #7. I have...

Thank you I'm now going to look in the mirror, and if I see a red dot on my forehead I am going to kill myself.

The pattern daytrading regulations were created by NASD last year, and approved by the SEC. These rules restrict the ability of smaller accounts to freely trade in the securities markets. The rules require minimum marginable equity of $25,000 in an account to freely trade stocks, and now...

Daniel, the one about the deleted post was directed to Te, not you.

I deleted that last post after I saw you had edited the post in which you claimed you had stated several times they knew there were 10. Please delete the post of my quote from you so that I may delete this one. Thank you

Ok, yeah, if they both have the dots, they would know the second night that they both had it.

In the two person example, if they are told that only one of them has the dot, that one will kill himself the first night. If they are told that "at least one" of them has a dot, then if there were only one who had the dot, he would kill himself the first night.

After that they go on spending the rest of their silent monkish lives seeing 9 or 10 guys with dots at dinner every night. The ones with the dots would never know if the the total of dots was 9 or 10. The ones without the dots would never know if the total of dots was 10 or 11. The whole...