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Magal Security Systems (MAGS) Message Board

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  • reneew97 reneew97 Jun 4, 2004 9:17 PM Flag

    Double Dip

    on a 10k trade I need .0014 to break even.
    If you are thinking of daytrading make sure you read up on the daytrading rules. One now needs to maintain 25k in cash and will be marked a "patteren daytrader" for life, if one makes 3 trades within a 5 day period I believe. Also be careful of the wash sale rule, it can be a real bitch.

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