Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: taylorfife who wrote (22074)	11/21/2001 3:50:36 PM
From: AllansAlias	Read Replies (2) \| Respond to of 209892

Never heard of it. You must be subjected to a rule imposed by your broker.

To: taylorfife who wrote (22074)	11/21/2001 3:54:20 PM
From: stomper	Respond to of 209892

OT: I don't think Canadians have the wash rule. -dave

To: taylorfife who wrote (22074)	11/21/2001 3:58:18 PM
From: UnBelievable	Read Replies (2) \| Respond to of 209892

If You Were Trading A Stock This type of trading would be the type of trades which would result in your being determined to be a day trader, and subject to the minimum account capital that daytraders now must maintain. As long as you are maintaining the capital in your account required (I don't recall the exact dollar amount - I can check it) you can have as many wash trades as you want. Futures are not subject to the wash sale rules nor is there a minimum capital account balance other than the required "margin" amounts.