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    Tell SEC and NASD you oppose daytrading rules on Options

    It doesn't even seem to be the kind of petition that needs a list of signatures. But thanks for offering! Start out by writing to them (if you haven't already), just letting them get some volume of feedback to start off. That way, by the time we do get around to filling out the petition, they...
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    Tell SEC and NASD you oppose daytrading rules on Options

    www.nasdr.com/pdf-text/0126ntm.txt From the amendments section about 3/5 of the way down: "The term 'day-trading' means the purchasing and selling (or the selling and purchasing) of the same security on the same day (in a margin account . . . )" By this excerpt I make the presumption...
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    Tell SEC and NASD you oppose daytrading rules on Options

    No need to sue the SEC. Just get the rule changed: www.sec.gov/rules/petitions.shtml Yes, the rule was made under Harvey Pitt. Now that he's leaving, this may be the perfect opportunity to get going on changing it.
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    Tell SEC and NASD you oppose daytrading rules on Options

    You will be able to close the positions you already have. But once you do, your account will be marked as Pattern Daytrader. You will not be able to open any new positions for at least the next 5 days. In fact, I think your account will be subject to a "90 day freeze". Which should not prevent...
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    OneChicago Receives Approval To Launch Nov. 8

    Harvey Pitt: "Sure, let'em trade the single stock thingies. Who cares? I won't be here in a month!"
  6. H

    today...

    dgmodel, with a fancy model like that you ought to get Lo-Jack. Just in case you "lose the car".
  7. H

    OneChicago Receives Approval To Launch Nov. 8

    And not a minute too soon!
  8. H

    today...

    I'm starting to think he's no longer talking about dgmodel's signature. I think he's mumbling to himself what will happen to him if he can't meet his next margin call. Hang in there. At least you aren't saying "lose the house" or "wife and kids move out" or "under SEC investigation".
  9. H

    Tell SEC and NASD you oppose daytrading rules on Options

    Options don't trade on the NYSE. And I don't trade out of a daytrading shop.
  10. H

    Tell SEC and NASD you oppose daytrading rules on Options

    Well, I was wondering if there was really anyone who wouldn't be opposed to the daytrading rule. Apparently there is. You've also made it apparent the level of that mentality with the language you use. This thread is in the Options topic, it concerns the recent application of the...
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    today...

    It is kind of cute having a picture. But that picture's a bit tall. A shorter picture would be a nice signature.
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    Over-use of Quote feature

    Wow the size is changed <-- size 1 font Not only has the default size for the quotes been reduced, but it's altered the quote sizes on the existing posts. It looks like it's been reduced to 1.5 size, the same size as the Post Subject headings. Not as small as the size 1 that I had used in...
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    Tell SEC and NASD you oppose daytrading rules on Options

    Futures are considered Commodity rather than Security. They shouldn't fall under the SEC jurisdiction. It seems that to freely trade options we will simply have to trade them from a non-margin account.
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    IB and have i stepped into the bizzaro world

    Hey all you sinister reckless derivative-trading short-selling hedge fund vultures, if you want to help make them pay attention, join us: www.groups.yahoo.com/group/DaytradersUnite/ We can try to do something about it. They're sure not going to do it for us, if we just sit here keeping our...
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    Tenet gets taken to the wood shed

    The options prices were CRAZY last friday when it dropped from like $36 to $23. Never seen anything like it, wild bid/ask spreads, each exchange way different prices, no consistency.
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    Tenet gets taken to the wood shed

    Looks like you did well, it's around $19.50 I was surprised this stinker was actually way up today, while other stocks were all down. Had to expect it was headed for a drop.
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    today...

    Click Forums from the Elite Trader menu. Or click Forum Jump from the bottom of this page. It's the 9th topic down, subheading of Direct-Access Brokers category.
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    the PDT rule needs to go

    He should go live in a log cabin trading on a handheld device, and call himself the UnaTrader.
  19. H

    the PDT rule needs to go

    Attention Gordon Muhammad! If you do not surrender immediately, we will force you to make all future trades on ARCA! It's hopeless! Resistance is futile.
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    the PDT rule needs to go

    Attention unknown daytrader! We have you surrounded. Give yourself up! "No! I'm going to buy an option, and then sell it TODAY. And you can't stop me!!!!!!!!!!!! If it's the last thing I do!"
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