Option GEMS - Hot Options in Booming Companies... Message Board

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Strategies & Market Trends : Option GEMS - Hot Options in Booming Companies...

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To: Glenn D. Rudolph who wrote (94)	7/27/1997 4:21:00 PM
From: Jenna	of 396

Glenn:Yes, I've been banished from Lombard on the excuse that I was a "daytrader"...I kept my stop losses/buy limits and I guess they decided to close my account... After reading every bit of their brochure I saw no mention of word "daytrader" In ABWatley now, I'm just learning that there are different rules for 'daytraders' than those who hold their positions overnight...I'm still not clear on how they compute my buying power... I know though that because I do trade quite a bit of options I have had to transfer equities from my full service broker...even though I have a fairly large account with ABwatley..

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