The complaint about trying out strategies with small positions, as in fact the complaint of this whole thread, is not about reduced margin. It's a complaint against the fact that you are restricted to 3 roundtrip daytrades within 5 days, regardless of the size of those trades, and regardless of whether you use margin at all.
Pattern Daytrading poll
- Thread starter hii a_ooiioo_a
- Start date
take it from me... I've been in the markets for years:
the sooner you stop looking for excuses... the sooner you might.. I repeat "might" begin to perform!
As I said in previous posts, I'm all for standing up for a cause... and dislike any rule interfering with free acess to the markets by ALL with the same playing field. But money does talk. And "others" are taking the risk along with you just by opening an account for you at their firm. Heck IF you go to Vegas do you ask the house to change their edge, for you?
Also "standing up" is different than what you seeem to be doing. U seem to seek a convenient excuse if you don't or cannot make money in the markets.
So maybe you don't get it. This is not "easy". This takes time. This takes skill and "hard" work. One must pay their dues no different than anyone in any competitive situation. There are no shortcuts. And no rule or any other situation can literally interfere with making money in the markets... unless you allow it to. Stop lookng up or outward... and start looking in the mirror.
Best of luck in the NY
Ice
the sooner you stop looking for excuses... the sooner you might.. I repeat "might" begin to perform!
As I said in previous posts, I'm all for standing up for a cause... and dislike any rule interfering with free acess to the markets by ALL with the same playing field. But money does talk. And "others" are taking the risk along with you just by opening an account for you at their firm. Heck IF you go to Vegas do you ask the house to change their edge, for you?
Also "standing up" is different than what you seeem to be doing. U seem to seek a convenient excuse if you don't or cannot make money in the markets.
So maybe you don't get it. This is not "easy". This takes time. This takes skill and "hard" work. One must pay their dues no different than anyone in any competitive situation. There are no shortcuts. And no rule or any other situation can literally interfere with making money in the markets... unless you allow it to. Stop lookng up or outward... and start looking in the mirror.
Best of luck in the NY
Ice
Okay. Thanks.
But I have to say I am tired of the attitude that people speak to me. You talk like it is my fault. It isn't. I have absolutely no fault. I am 100% innocent. Besides, I am making money. But they took some away too soon.
But I have to say I am tired of the attitude that people speak to me. You talk like it is my fault. It isn't. I have absolutely no fault. I am 100% innocent. Besides, I am making money. But they took some away too soon.
Quote from iceman1:
...
Also "standing up" is different than what you seeem to be doing. U seem to seek a convenient excuse if you don't or cannot make money in the markets.
...
Best of luck in the NY
Ice