Viva Entertainment Group Inc (OTTV)

[pb_trading]

Here is part of the trouble, if you get too excited, lol.

Risks of Day Trading
Many day traders trade on margin that is provided to them by their brokerage firm. Margin is essentially a loan to the investor and it is the decision of the broker whether to provide margin to any individual investor. Brokers are mandated by law to require day traders have $25,000 in their accounts at all times. If the investors account falls below $25,000 the investor has five business days to replenish the account. If the investor fails to replenish the account, he or she will be forced to trade on a cash-available basis for the next 90 days and may be restricted from day trading.

Even if the investor is not utilizing margin, the $25,000 account minimum applies. If you trade four or more times in five business days, and if the value of those trades is more than 6% of that periods total trading activity, the investor will be identified as a “pattern” day trader under FINRA Rule 4210. Thereupon, the investor is required to maintain a $25,000 account minimum, or face restrictions on trading.

Margin trading entails greater risk, including but not limited to risk of loss and incurrence of margin interest debt, and is not suitable for all investors. Please assess your financial circumstances and risk tolerance prior to trading on margin.