Zeev's Turnips Patch-No Politics (ZEEV)

[ghb]

Zeev,
Just curious how you manage to trade your available cash at the beginning of the day several to many times during the day. I just got a "money due call" from my broker for just going a small amount over saying it's
"A Free-Ride, which is prohibited by Federal Reserve Board Regulation T, occurs when a client buys and sells the same security in a cash account without having deposited sufficient funds to pay for the purchase." and
"Please note, accounts that Free-Ride may be subject to a “Money Due Call”. The money due call amount will be equal to the total cost of all opening securities transactions in excess of free deposited cash."
http://www.cybertrader.com/support/freeride.htm

Is this something a broker can ignore if they want or is mine just giving me a hard time? If they can ignore it, would you mind posting who your broker is? TIA