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Post# of 4983772
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Re: IRISHBULL post# 316868

Wednesday, 06/29/2005 11:53:36 AM

Wednesday, June 29, 2005 11:53:36 AM

Post# of 4983772
IRISH... with only 9 grand in my account (from a 5 grand startup) they have me flagged with a daytrading restriction of 4 daytrades in any 5 rolling day period. I've been very careful not to exceed that since the first time they flagged me "and shut me down then", but I sold a stock in my portfolio and bought it back the same day. I don't think that should have counted against me, but they shut me down again to sales only, no new positions. As a result, I missed GZFX & IWWDE, both of which I was watching. It's total BS and cost me a couple thousand profit I should have had. After a half dozen emails/phone calls they're telling me the restriction can't be removed a second time. I'm just looking for other options, since they won't allow me to add any new positions for 90 days.

If you want the rainbow, you have to tolerate the rain.

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