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Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?

To: TraderRick who wrote (6806)	2/14/1998 5:40:00 PM
From: Gorak Shep	Read Replies (1) \| Respond to of 16892

TraderRick states: Yes Jeff, according to daytrading rules you must use a margin account to daytrade. I believe this is wrong. As long as you stay within the buying power of a cash account, there should be no problem. And Datek enforces buying power limits so you can't really get into trouble - other than losing all your money if your positions go sour, of course. Note that margin allows you to trade larger positions of marginable stocks - and possibly lose more.