PDT rules have destroyed me.

Fohat · Nov 21, 2002

Quote from dotslashfuture:

hehe, its amazing. I don't know how i could be more blunt, but some people still don't seem to understand. $25,000 ISN'T ENOUGH MONEY...

Very good, if you think that $25,000 isn't enough how about writing to the SEC to increase the PDT minimum to $500,000. Then, you'll sing another song.

RAY · Nov 21, 2002

Quote from metooxx:

Adapt or fade away ...

This is key. To everyone.

hii a_ooiioo_a · Nov 21, 2002

Quote from tampa:
...and he has the "right" to take a crap - but maybe in the bath room, not in public...

It's one thing to be a small fish in a large pond, but you guys are now in the category of turds floating in a swimmingl pool.

Someone who has to make constant fecal analogies eminently qualifies as a Pattern Dumbass Poster in my eyes.

I will implement the PDP rule "at once".

Congratulations on being the very first to be make my Ignore List.

DTK · Nov 21, 2002

Third.

Quote from hardrock375:

I second that emotion.

Quote from tampa:

What we need, what we really need is to implement the PDP rule - and at once!

Pattern Dumb-ass Poster

tampa · Nov 21, 2002

Quote from hii a_ooiioo_a:

Someone who has to make constant fecal analogies eminently qualifies as a Pattern Dumbass Poster in my eyes.

I will implement the PDP rule "at once".

Congratulations on being the very first to be make my Ignore List.

Oh how will I ever live this one down?

I'd do the same to you, but I am beginning to enjoy the irrational, never-ending crying.

It's not often that the Government does something that the average guy can get pleasure from - but this time it's different.

Come on, tell us how unfair it is again!!!

DTK · Nov 21, 2002

Not that I think so, but since it makes you feel better...

IT'S UNFAIR!!!

Quote from tampa:

Oh how will I ever live this one down?

I'd do the same to you, but I am beginning to enjoy the irrational, never-ending crying.

It's not often that the Government does something that the average guy can get pleasure from - but this time it's different.

Come on, tell us how unfair it is again!!!

hii a_ooiioo_a · Nov 21, 2002

Apparently the person who so urgently suggested the "PDP" rule has failed to implement his own suggestion.

Don't make rules you don't intend to apply. That is not logical.

I'm actually supportive of this rule, I'm finding it's quite useful.

MondoTrader · Nov 21, 2002

An undercapitalized trader is either a bad trader or a lucky trader, but never a good trader. Part of what it means to be a good trader is to control your position sizing and your risk exposure, and somebody leveraging 25k to 100k and putting it all into one stock to make 50 cents is absolutely, positively, NOT a good trader. You will find that out now or later, but everybody learns or goes broke.

qdz · Nov 21, 2002

Adapting is a matter, fighting the unfairness and waking up the publics is another.

TonySanDiego · Nov 21, 2002

I still think the restrictions on ECN quotes is a more serious problem. There are work arounds for the PDT rules. There are none that I can think of for the lack of quotes on ECNs.

Just my humble opinion.

:mad:

<= my opinion of the SEC