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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: StockDung who wrote (115951)6/15/2003 11:07:36 PM
From: StocksDATsoar  Read Replies (2) of 150070
 
TS, IS THIS WHY MORE DAY TRADERS ARE BECOMING LION ROTORS??

LooooooooLLLLLLLLLLLLLLLLLLLLLMFAO

Minimum Equity Requirement – A pattern day trader's account must maintain a minimum equity of $25,000 at the start of any day in which day trading occurs. Pattern day-trader accounts that fall below the $25,000 minimum equity requirement should consider limiting day-trading activities to cash-only transactions until the minimum equity amount is reached in order to avoid a day-trading buying power call.

Day-Trading Buying Power – Day-trading buying power is equal to the equity in your account at the close of business the previous day, less the Self-Regulatory Organization (SRO) requirements, multiplied by up to four. Accounts that are engaged in day-trading activities should consider being limited to day-trading buying power.

I GUESS THERE'S A LOT OF PEOPLE WHO CLAIM THEY DAYTRADE BUT ONLY HAVE $250 IN THEIR ACCTS. HMMMMMMMMMMMMMMMMMMMM

TEARS!!!!!!
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