":" why ask a question when you have set in your mind that the answer must make sense based upon your experience and observations?
The question was asked months ago. Again, you are assuming facts not in evidence. It was subsequent events that made me decide that it is most likely , despite your protestations.
But, last night I did e-mail MB Trading the question "If I were to open an account with MB Trading, would my account automatically be coded as that of a 'pattern day trader' because MBT caters to daytraders, or would that determination be made based on my trading patterns?"
and got this answer:
"To: "'Barbara Payne'" <barbpayne1@siliconinvestor.com>
Subject: RE: Account coding
From: mark@mbtrading.com (Mark - MB Trading) Add to Contacts
Date: Mon, May 14 2001 5:36:21 AM -0700
Mrs. Payne,
All margin accounts at MB Trading are automatically coded as
'pattern day trading accounts' by the Securities Exchange
Commission.
If there is anything else that I can do for you, please don't
hesitate to contact me.
Regards,
Mark
MB Trading
www.mbtrading.com
(866) 628-3001- Customer Support
(866) 628-3002- Trade Desk
(310) 647-4281- International
(310) 416-1420- Fax
IMPORTANT NOTICE
Communication with MB Trading by means of electronic mail is only
for informational or educational purposes. This medium is not to
be used for the exchange of legally binding communication. MB
Trading, a NASD/SIPC member firm, is a fully disclosed
broker-dealer that executes all securities transactions through
InstiPro, Inc. which clears through Instinet Clearing Services,
Inc.
-----Original Message-----
From: Barbara Payne [mailto:barbpayne1@siliconinvestor.com]
Sent: Sunday, May 13, 2001 9:18 PM
To: info@mbtrading.com
Subject: Account coding
If I were to open an account with MB Trading, would my account
automatically be coded as that of a 'pattern day trader' because
MBT
caters to daytraders, or would that determination be made based
on my
trading patterns?
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