tradersboredom
Guest
The SEC PDT Pattern Daytrading Rule which was joke SEC rule min. $25,000 which was introduced in fall 2002 is the main reason for the surge in retail futures trading IMO.
The official reason for the introduction of PDT was to protect investors. Investors don't daytrade.
With Forex, futures with low capital to daytrade and large leverage it made markets more volatile.
With the removal of the SEC PDT rule, the market rules will be common sense not lobby from CME or other self interest group who probably bribed the SEC into making that rule for their benefit or profit.
With PDT rule removal and reinstatement of uptick rule markets will be harder to control or manipulate. Stocks have less leverage and is not a zero sum game.
and stocks are a lot easier to make money and spreads are a lot less than futures, forex, and options. market makers make more money on futures, forex and options than stocks
The official reason for the introduction of PDT was to protect investors. Investors don't daytrade.
With Forex, futures with low capital to daytrade and large leverage it made markets more volatile.
With the removal of the SEC PDT rule, the market rules will be common sense not lobby from CME or other self interest group who probably bribed the SEC into making that rule for their benefit or profit.
With PDT rule removal and reinstatement of uptick rule markets will be harder to control or manipulate. Stocks have less leverage and is not a zero sum game.
and stocks are a lot easier to make money and spreads are a lot less than futures, forex, and options. market makers make more money on futures, forex and options than stocks