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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Don Pueblo who wrote (6746)	1/30/2000 11:41:00 PM
From: Dan Duchardt	Respond to of 18137

TLC, Thank you for the link. One article I found speaks directly to my original question invest-faq.com If the author is correct (and what he is saying is what I have been led to believe in the past) then my original concern was justified, for any cash account. If you use cash, note that in a cash account you can spend a dollar only once. That is to say if you start the day in cash, you can buy stock and sell that stock -- and then are done trading for the day. If you start in stock you can sell it, spend the cash for another position, sell that position and then you are done. In other words, under the proposed new rule, if you don't have $25K you are out of the game. Time to gear up the emphasis on position trading? Maybe we need to give birth to SI: StockTalk: Short-Term Traders: SWINGTRADING Fundamentals Actually, Brandon already has it going beta.siliconinvestor.com Dan