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Does not matter. There are three Account types. Type 1: cash, type 2:margin, type 3:short account. They don’t mix the balances. Type 2 is all Long stock, Long and short options. You can offset Long stock with short options but not short stock.

I have managers and clients selling index options earning well over 1% per month. Of course they will likely lose money the next big drop.

Not sure it is a "bug." I spoke to someone that had 2 accounts with IB. One Reg-T and one PM. They told him he was gaming the risk system, and froze his accounts. We have some accounts that have one account with us as their broker and one where we are not. The one with us, they use LVX.

Is that a dog? Is the Mini Cooper Clubman too small?

My requirements have changed over the years. I used to drive this! Now I drive this:

I have a Honda CRV with Apple play. I was never a Honda guy. Love the car and very inexpensive.

Until the exchange has a system problem or there is news and all the MM withdraw their quotes for a short time. Even in stocks, I'd rather use limit orders through the current market. That 1 in 10,000 time it happens, is painful.

No. When you sell a stock short that you don't own, that money is not yours to use.

I was an option market maker for 25 year. I have been in the business since 1981. IMO, never, never, ever, ever use market orders for options, ever!!!!!!!! Your money, just don't blame market makers, the exchange or your broker if the markets go wide and you get a nasty fill. Also, avoid market...

I assume most equity traders that choose to trade with a prop firm, do that for their leverage on small accounts, not the software.

I can argue it should not exist. It does not with futures that are more levered. If I were making the regulations, I would still have one but focus on the leverage. I would allow all DT in a margin account to recycle BP, but accounts under$25K should have 1X, not 2X or 4X. I also think 4X for an...

Wilt, I have not heard that issue from any of my clients. I will report it. Can you email me (Not PM) your name, account#, LST ID? I will report this to the developers. Bob

"Better" is not really something we can all decide for others. The platfrom needs to meet your needs. I have never use either. Our Lightspeed Trader software is very popular among equity day traders. Give the demo a try...

I’m not aware of any broker that allows spreads in a cash account.

No. Futures have no PDT or min account size from the NFA/CFTC.

No shorting in a cash account. Only longs. Stocks settle in 2 days and options in 1.

It is a FINRA Regulation. http://www.finra.org/investors/day-trading-margin-requirements-know-rules The only way out it would be if TD were to agree to cancel the trades.

You were flagged as a pattern day trader with under $25k. You need to get over $25k or your account will be restricted for what I think is 90 days. When your account is under $25k, at some point there was a warning, but it is the traders job to know this.

https://marketchameleon.com/Calendar/Earnings

If the purpose of this thread was day-trading, why are we worried about overnight and weekend risk?