Recent content by qtyewq

Hey, nyc-hotshot (http://www.elitetrader.com/vb/showthread.php?threadid=32810&perpage=6&pagenumber=1) Nice to see you've been promoting the company you work for, you do work for http://www.alldaytraders.com, don't you?

Alldaytraders.com is bogus. It's not NASD,SEC,SPIC registered. I doubt it has authority to trade US stocks. What they're probably doing is just bookeeping your wins and losses. If they go under, you have no recourse.

This is probably not what your looking for, it's printed graphs of NYSE/NASDAQ stocks. I've tried it, nice graphs with lots of fundamental data. Kind of expensive http://www.dailygraphs.com/products/dgprint.asp

I've also thought about the impact of volatility on daytrading rules. But how much volatility can an account under $20k cause. When you start overtrading you'll loose money to slippage and whipsaws.

Trader333, I'm not really sure why the daytrading rule was put into effect. All I know is that it was not to protect the small time investor or "support the risks" associated with daytrading. The daytrading rule as it currently stands forces me to hold positions overnight, why? The brokers are...

Good try, any roundtrip in a single day is a daytrade. The share size is irrelevent, only the symbol is relevent.

Not true, the critical dates are May 16(Seasonal Top) and October 6 (Seasonal Bottom). You can test the concept at http://www.wealth-lab.com/cgi-bin/WealthLab.DLL/editsystem?id=16696

The daytrading rules restrict more than 3 roundtrips in the same day, in a 5 day timeframe, basically you have to hold positions overnight. The reason they give for the change "The primary purpose of the day-trading margin rules is to require that certain levels of equity be deposited and...