markb57 Posted September 11, 2021 Report Share Posted September 11, 2021 ************Boom**************100 pages************* yeah, new rules does make you wonder. I want to hear Pitcher's thoughts on this too. Is it just for bigger brokers or cash accts or day traders....? 3 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted September 11, 2021 Report Share Posted September 11, 2021 1 hour ago, markb57 said: Great video Mark, thxs for posting this. pp 2 Quote Link to comment Share on other sites More sharing options...
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pokerplayer Posted September 11, 2021 Report Share Posted September 11, 2021 A great selection of videos Mark. Took awhile to watch them all, but overall they were pretty good. I must concur that Uncle Lou is a character no doubt. Have an enjoyable week-end, looking forward to Monday. Cheers, pp 1 4 Quote Link to comment Share on other sites More sharing options...
Pitcher Posted September 12, 2021 Report Share Posted September 12, 2021 I’m not familiar with the new rules but I can give you first hand experience as a Day Trader what they are trying to do. Last year I was Day Trading and making a lot of trades every day. Everything was fine and I had zero problems with my Margin account. Then Covid hit and the lockdown turned the Stock Market into a big casino. Many people started Day Trading on Margin and lost. I mean they LOST real big and didn’t have the account to cover. It was a disaster for the exchanges. Day Trading is the hardest thing I have ever done. It’s very fast, very manipulated, and if you don’t know what your doing you can lose thousand in seconds. Many of the newbies who were gambling, I mean trading couldn’t cover their margin calls. We’re talking millions and millions of dollars unable to settle. That’s when they started flagging accounts. Once you are flagged it is almost impossible to win. My account got lumped into that mess even though I was an experienced trader with years of success and rarely lost. The slow execution times and even not executing trades was what got me out of the game. They control the spreads, the timing of execution, what you see on your computer, EVERYTHING. If you are flagged they basically are trying to run you out of the game. The excuses they give are ridiculous and not true. I truly believe they flagged me because I was kicking their ass. Every Day!!!! if you are a buy and hold or an occasional trader you probably have nothing to worry about. If you invest and trade on margin you better not get upside down or make a bunch of trades. That’s when you will get flagged and that’s when you will understand how rigged the game can be against a retail trader. The Exchanges have to do this imo to protect their finances. Multiply hundreds if not thousands of newbie traders who have little or no experience making 100k trades with no resources to cover their calls when they lose, and you can see what a disaster the Exchanges had. I heard of multiple people losing millions on margin trades with no way to cover. Ouch. Stay away from Day Trading. 4 2 4 Quote Link to comment Share on other sites More sharing options...
markb57 Posted September 12, 2021 Report Share Posted September 12, 2021 uncle lou****language**** 1 1 1 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted September 12, 2021 Report Share Posted September 12, 2021 Thxs @Pitcher We value your Input as most, like myself are new to this game. Cheers, and please pitch in anytime you become aware of AMC Information you feel we should be aware of. pp 2 2 4 Quote Link to comment Share on other sites More sharing options...
markb57 Posted September 12, 2021 Report Share Posted September 12, 2021 3 1 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted September 12, 2021 Report Share Posted September 12, 2021 MODS, I realize we at now at a 100 pages, but can you please let this thread ride ? We have all been good and this thread has never been an issue and it is nice, in this case, to have all the posts available for reference. Thank You, not for just me, but all the contributors on this thread. pp 2 7 Quote Link to comment Share on other sites More sharing options...
Pitcher Posted September 12, 2021 Report Share Posted September 12, 2021 39 minutes ago, pokerplayer said: Cheers, and please pitch in anytime you become aware of AMC Information you feel we should be aware of. Thank you pp. I still own my AMC but you guys got this covered real good. I am all in with the Cryptos and got my hands full. I enjoy reading this thread and love the fact that the people posting are so knowledgeable. 2 3 2 Quote Link to comment Share on other sites More sharing options...
keylime Posted September 12, 2021 Author Report Share Posted September 12, 2021 3 minutes ago, Pitcher said: Thank you pp. I still own my AMC but you guys got this covered real good. I am all in with the Cryptos and got my hands full. I enjoy reading this thread and love the fact that the people posting are so knowledgeable. Great to hear from you Pitch! This week is going to be a strong move to the upside. Get above 54 and the Hedgies are going to have their hands full especially trying to keep GME down at the same time. 4 3 Quote Link to comment Share on other sites More sharing options...
markb57 Posted September 12, 2021 Report Share Posted September 12, 2021 3 hours ago, pokerplayer said: MODS, I realize we at now at a 100 pages, but can you please let this thread ride ? We have all been good and this thread has never been an issue and it is nice, in this case, to have all the posts available for reference. Thank You, not for just me, but all the contributors on this thread. pp wait, we got a 100 page limit? 5 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted September 12, 2021 Report Share Posted September 12, 2021 9 hours ago, markb57 said: wait, we got a 100 page limit? Awhile back Adam pondered locking thresds 100 pages or longer getting Interested posters to begin knew ones. I forget the logic behind it, Hope this kind of, sort of, makes sense. pp 3 3 Quote Link to comment Share on other sites More sharing options...
keylime Posted September 12, 2021 Author Report Share Posted September 12, 2021 1 hour ago, pokerplayer said: Awhile back Adam pondered locking thresds 100 pages or longer getting Interested posters to begin knew ones. I forget the logic behind it, Hope this kind of, sort of, makes sense. pp He did that because the news threads were burying the latest headlines and articles, and you had to cut through pages and pages of articles and comments to find the latest, but chats should not be limited to 100 pages. 1 2 1 Quote Link to comment Share on other sites More sharing options...
keylime Posted September 12, 2021 Author Report Share Posted September 12, 2021 Something brewing.... 1 6 Quote Link to comment Share on other sites More sharing options...
bkeiller Posted September 12, 2021 Report Share Posted September 12, 2021 Happy 100 pages! Lots of advice, information and bananas. Lots of ups and downs, laughs and shares. Thank you to all the posters and supporters. 🦍. 🦾. 💠. 🤚 4 1 1 Quote Link to comment Share on other sites More sharing options...
markb57 Posted September 12, 2021 Report Share Posted September 12, 2021 should be hedgies in trouble 3 Quote Link to comment Share on other sites More sharing options...
markb57 Posted September 12, 2021 Report Share Posted September 12, 2021 and the other end of the spectrum 1 4 Quote Link to comment Share on other sites More sharing options...
markb57 Posted September 12, 2021 Report Share Posted September 12, 2021 Uncle Lou on brackets....again....****Language**** 2 1 Quote Link to comment Share on other sites More sharing options...
markb57 Posted September 12, 2021 Report Share Posted September 12, 2021 some good common sense on how to stick it to the man.... 1 2 Quote Link to comment Share on other sites More sharing options...
markb57 Posted September 12, 2021 Report Share Posted September 12, 2021 3 Quote Link to comment Share on other sites More sharing options...
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