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Strategies & Market Trends : DAYTRADING Fundamentals
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To: Dan Clark who wrote (6681)1/29/2000 10:09:00 PM
From: Leland Charon  Read Replies (2) of 18137
 
Dan,

I for one wouldn't mind having 4:1 margin on an intraday basis. As far as requiring an individual to have 25K to daytrade I think they are just trying to protect themselves from lawsuits, etc. These regulators don't want Joe Blow daytrading with his $5,000 life savings. It all comes down to a suitability issue. We may not agree with it but I think this might be the angle the regulators are taking?

Leland
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