Comments on: 10 Reasons Why The Incompetent SEC Places Restrictions On Day Trading http://www.timothysykes.com/2009/03/10-reasons-why-the-incompetent-sec-places-restrictions-on-day-trading/ How To Trade Penny Stocks Without The Stock Promoter BS Thu, 09 Feb 2012 06:11:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: OST http://www.timothysykes.com/2009/03/10-reasons-why-the-incompetent-sec-places-restrictions-on-day-trading/comment-page-1/#comment-82256 OST Thu, 05 Mar 2009 14:20:51 +0000 http://test.timothysykes.com/?p=4116#comment-82256 "Value investing is so much safer, that’s why value investors get all the mainstream press, are allowed to advertise freely and have such good returns (laughable, they’re enjoying 50-70% losses right now, but they’re invested in solid companies, just like Bear! And Fannie! Pathetic really)" Dont forget GE, BAC, GS, C, SNDK... “Value investing is so much safer, that’s why value investors get all the mainstream press, are allowed to advertise freely and have such good returns (laughable, they’re enjoying 50-70% losses right now, but they’re invested in solid companies, just like Bear! And Fannie! Pathetic really)”

Dont forget GE, BAC, GS, C, SNDK…

]]> By: jpp http://www.timothysykes.com/2009/03/10-reasons-why-the-incompetent-sec-places-restrictions-on-day-trading/comment-page-1/#comment-82255 jpp Thu, 05 Mar 2009 03:12:35 +0000 http://test.timothysykes.com/?p=4116#comment-82255 I've somehow managed to lose 10k of 15k so far this year... So the statement above is very true, sadly. If I'd done the exact opposite, or nothing at all (this year), I'd be up 10k or at least even... I’ve somehow managed to lose 10k of 15k so far this year… So the statement above is very true, sadly. If I’d done the exact opposite, or nothing at all (this year), I’d be up 10k or at least even…

]]> By: Omaggio http://www.timothysykes.com/2009/03/10-reasons-why-the-incompetent-sec-places-restrictions-on-day-trading/comment-page-1/#comment-82250 Omaggio Wed, 04 Mar 2009 22:35:50 +0000 http://test.timothysykes.com/?p=4116#comment-82250 You are so right about that Tim...I would have made a fortune when I first started trading if I had done the opposite of what I thought!!! Now I am finally realizing that and starting to make money not just with your alerts!!! You are so right about that Tim…I would have made a fortune when I first started trading if I had done the opposite of what I thought!!! Now I am finally realizing that and starting to make money not just with your alerts!!!

]]> By: saadi http://www.timothysykes.com/2009/03/10-reasons-why-the-incompetent-sec-places-restrictions-on-day-trading/comment-page-1/#comment-82254 saadi Wed, 04 Mar 2009 16:45:49 +0000 http://test.timothysykes.com/?p=4116#comment-82254 "poor people need to make their normal assumptions and then trade opposite so as to use their stupidity/naivety to their advantage!" hah “poor people need to make their normal assumptions and then trade opposite so as to use their stupidity/naivety to their advantage!”

hah

]]> By: Timothy Sykes http://www.timothysykes.com/2009/03/10-reasons-why-the-incompetent-sec-places-restrictions-on-day-trading/comment-page-1/#comment-82253 Timothy Sykes Wed, 04 Mar 2009 16:35:32 +0000 http://test.timothysykes.com/?p=4116#comment-82253 poor people need to make their normal assumptions and then trade opposite so as to use their stupidity/naivety to their advantage! poor people need to make their normal assumptions and then trade opposite so as to use their stupidity/naivety to their advantage!

]]> By: mark http://www.timothysykes.com/2009/03/10-reasons-why-the-incompetent-sec-places-restrictions-on-day-trading/comment-page-1/#comment-82252 mark Wed, 04 Mar 2009 16:33:20 +0000 http://test.timothysykes.com/?p=4116#comment-82252 Trading is tough, it’s counterintuitive, most poor people don’t have the brainpower/know how to think outside the box (debatable). it seems like they just go on the assumption that if you were smart you would have 25k which is an elitist assumption imo. It's very discriminatory. They must assume the only people that can daytrade have inheritance, high pay etc. On another note I do see the SEC cracking down on this niche in the future. To the extent that it wipes out your strategy, who knows. Free market days are over. Trading is tough, it’s counterintuitive, most poor people don’t have the brainpower/know how to think outside the box (debatable).

it seems like they just go on the assumption that if you were smart you would have 25k which is an elitist assumption imo. It’s very discriminatory. They must assume the only people that can daytrade have inheritance, high pay etc. On another note I do see the SEC cracking down on this niche in the future. To the extent that it wipes out your strategy, who knows. Free market days are over.

]]> By: pctrades http://www.timothysykes.com/2009/03/10-reasons-why-the-incompetent-sec-places-restrictions-on-day-trading/comment-page-1/#comment-82251 pctrades Wed, 04 Mar 2009 16:17:54 +0000 http://test.timothysykes.com/?p=4116#comment-82251 You are so right on with this list, but you left 1 reason off. The SEC is full of shit and doesnt really want the poor to operate with the same rules as the "rich". If someone is intent on "gambling" with day trading, the 25k bar isnt THAT high. You are so right on with this list, but you left 1 reason off. The SEC is full of shit and doesnt really want the poor to operate with the same rules as the “rich”.

If someone is intent on “gambling” with day trading, the 25k bar isnt THAT high.

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