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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Doug Robinson who wrote (89545)3/22/2000 2:48:00 AM
From: Susan G  Read Replies (1) of 120523
 
I too am all for raising margin minimums - but possibly with a warning first so people can get out of their positions long before it takes effect. I've never used margin because I don't trust myself that much - (I'm not that good yet!) but would have LOVED to have it on a day like today. But more than likely, I would have used it yesterday or last week and gotten into trouble. It's a hell of a lot easier to deal with losing your own paper profits or capital - but someone elses??? Yikes.

The yahoo post on the MSTR board been haunting me since I read it last night. This wouldn't have happened if requirements were tougher - especially for inexperienced traders. That post made my little losses look like absolutely nothing.

The online brokers offer margin way to easily. AB Watley gives it to you even if you don't request it. The brokers are at fault, they practically push it on you and we all know why!
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