$25,000 minimum for daytrading needs to be changed

Quote from mark_mm:

So newbie raises 20k from family/friends then blows that, now they are in debt. Better to let someone blow a small amount before they realise they aren't going to be successful.

As if newbies are able to raise 20k money without a track record. LOL where's the common sense. Family is good for money but not 20k.
 
the PDT rule is the most stupid law on earth.

This is blatant discrimination against people who can't afford a 25k account.
I think people writing that law should go to jail, and actually they would probably loose a trial.

Like we want to protect you because you're not rich...,

therefore you can't close your losing position today, you have to wait for tomorrow and lose some more $ or we freeze your account for 90 days... WTF

the world is insane.
 
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