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 : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: TraderAlan who wrote (7325)	5/20/1999 9:38:00 PM
From: LPS5	Read Replies (3) \| Respond to of 12617

That, and also: a) Relatively less volatility than had been seen in the near past, and b) Regulatory crackdowns in the areas of 1) suitability and 2) Reg T circumvention are starting to appear. Many daytrading firms permit, or even encourage, traders to borrow large amounts of funds to daytrade with - or cover their margin calls with - and this is (justifiably IMHO) a prime target of regulators these days. In some cases it violates SEC and Federal Reserve lending rules. In others, it's just a matter of encouraging someone who probably shouldn't be to generate tremendous ticket charges. My point is, besides the terrific weather, if you cut out the people who aren't (and never have been)suitable as per regulatory definitions to daytrade, and those who never had enough money to in the first place (to hold even just 1000 shares of a tradeable stock)...I'm sure the herd is thinned quite considerably.