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Sean,
At Date: Wed, 7 Nov 2001 11:10:58 -0800 you wrote:
From: "Sean Cassidy" <scassidy@xxxxxxxxx>
Subject: The SEC just regulated me out of a job........
But because I do not have $25000 the SEC has forced my broker to shut
down my account for a week. I am currently averaging a return of about 10
-13%....per month. ........is there anything I can do about
this?
Sure is.
The are internet trading companies where minimum account is low and you
can trade 1 penny a point on any market - for the technical it is
CFD's. An example is the S&P 500.
For a spread of 1 full point (which includes commission, spread, all
taxes etc.), you can trade a penny a point. That is for a one
penny trade exited at same quote your costs would be one penny! The
margin requirement for this trade would be 50 pennies.
If you want to know more, just ask.
Trading with good feelings, Ric.
www.traderscalm.com
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