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Strategies & Market Trends : DAYTRADING Fundamentals
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To: Richard Estes who wrote (6711)1/30/2000 3:27:00 PM
From: Tai Jin  Read Replies (3) of 18137
 
So we can all jump in and say it won't hurt us, but don't put any good intentions in the actions of the exchanges, they have none.

Sure, they could have a hidden agenda which is self serving. But from what I have read the rule doesn't hurt anyone and is more likely to keep small traders from losing their money in the stock market. The $25k limit should be of no consequence to a good trader. Aspiring traders should learn to trade well before using margin. And gamblers shouldn't be trading, or at least not on margin.

...tai
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