DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Tai Jin who wrote (6715)	1/30/2000 3:48:00 PM
From: Dan Clark	Read Replies (1) of 18137

Tai, The issue is not the USE of margin, but it's availability. I don't use margin; I maintain a very strict regimen of risk management. The issue is SHORTING! I.e., no margin, no shorting! As I read the rule, this means that "pattern day traders" with less than $25K accounts CAN'T SHORT! Doesn't affect me, but what about the new guys with say $20K accounts that want to learn how to trade? Trying to trade long in a down market (trading against the trend) is a fast way to lose your money. So how do they learn to short? Regards, Dan.

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