down 650$ Life sucks. Am hoping my business can succor its own loan so I don't have to give up my account to fund a remodel of a store. If it aint one thing its another. Banks won't loan money they get from the fed for what .001%, but they charge everyone 30% on their credit cards. They all go broke by overpaying execs, and claim they are loaning money. What has this got to do with day trading. My account could drift down to less than 5k if I end up using this account to fund a remodel required by a franchise that can't notice the present economic conditions.
But plans for now and maybe then. Open another account to trade stocks in. Here again, the SEC won't let me trade stocks with less than 25k in my account, and the reason behind this? (ya we are all listening SEC) So in the second account I can still trade stocks, in my first frozen account (now why did the SEC decide I can't trade stocks again?) I can trade futures as much as I want without the SEC claiming they are helping traders, by restricting their accounts.
Maybe I could give today trader 50 bucks to shadow him for three days and make 4 or 5 grand a week like he does. Sometimes most of a day goes to God I need some help.
Anyways after today's loss I'm only about 200$ away from having my day trading powers being yanked once again. Big bad SEC will freeze my account from trading stocks(I wonder what stupid new rule they are thinking of now to help investors?)
I wonder how good I can get at trading corn? Or whatever crop the Feds are paying farmers not to grow, so I know where the next shortage is. Hey Feds just how did the price of fertilizer skyrocket like that?
Wish I was smart enough to make money that I would not have to spend my days bitching about how to find more money to drive an economy as my part as a small business owner...with out any help from govt supported banks who say they are loaning money. yea it goes on and on....
Robot: 17 wins, 5 losses, minus 176$
Tuesday, September 29, 2009
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