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| I just wanted to emai and comment to you guys that this rule has cost me money and opportunities WAAAAY more than it has helped me or protected me. I LOVE to daytrade, and I'm good at it. But this rule makes me hesitant to get out with smaller gains and waiting to maximize each trade is a good way to fail. Running out of trades on a good day and having to watch prices increase when I need the money to pay bills just encourages bad trading. |
| I apologize that I did not send my suggestions as described in your notice. My two biggest suggestions that I would like as an experienced yet retail trader would be: 1. lower the 25k limit to a more reasonable amount like 2500 to day trade unlimited. 2. Allow more day trades for accounts that do not have 25k. In my experience, 6-10 day trades a day would be my suggestion. Thank you for your consideration. -Corey Peery |
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