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Post# of 704019
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XenaLives

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XenaLives

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Re: None

Thursday, 12/12/2002 8:05:28 AM

Thursday, December 12, 2002 8:05:28 AM

Post# of 704019
Reg T Help - I think I am screwed here... Deposited funds in my new Freetrade acct and bailed on a MLNM position E.O.D. becuase there were too many blocks sold at 9.50. This generated a 8,000 reg T call even though I never went over my available funds for regular margin.

I think I understand now what I did wrong, I should not have used ANY of those funds on the first day of deposit.

This Reg T thing sucks. I think it is just a way to get rid of as many daytraders as possible.

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